Sajith Premadasa criticizes planned VAT increases, calls policy “extraction”

Sajith Premadasa criticizes planned VAT increases, calls policy “extraction”
Sajith Premadasa criticizes planned VAT increases, calls policy “extraction”

Opposition Leader Sajith Premadasa criticizes Sri Lanka’s planned VAT changes, labeling them “extraction.” He warns that from July 1 the VAT net will widen, rates will rise, and enforcement will tighten simultaneously. The policy stance highlights opposition to the government’s upcoming tax measures. May 4, 2026.

source http://www.adaderana.lk/news.php?nid=122055