I'm so proud to be a classmate of yours at S.T.C. Mount Kanna.
@amithnissanka9667 Жыл бұрын
Very valuable discussion sir
@fathithahire Жыл бұрын
Well said Gamini. When unnecessary red-tape is created to suck the blood of the farmer. Obviously, the chain reaction is the end user is going suffer. Those who have eat. Those who dont rob the man who has..... a vicious unending cycle.
@amithnissanka9667 Жыл бұрын
This is the truth. Sir
@tissananayakkara3319 Жыл бұрын
Well said Gamini...
@amithnissanka9667 Жыл бұрын
A good and contemporary discussion
@samansudeera4359 Жыл бұрын
Interesting discussion ❤
@tissananayakkara3319 Жыл бұрын
Good one!
@tissananayakkara3319 Жыл бұрын
Good one! Agree with most things you say. Our leaders have deliberately created this mess!
@tissananayakkara3319 Жыл бұрын
Loved this episode. Keep it up
@prasannasubasinghe4074 Жыл бұрын
Banks pay financial VAT in addition to normal VAT.
@OnpointwithGaminiK Жыл бұрын
Bank do recover all VAT or kind of taxes from the customer. Is the bottom line
@lakshigamage1245 Жыл бұрын
Mr. Kannangara you should take over the central bank and take these theives down once and for all.
@amithnissanka9667 Жыл бұрын
You are the only person. Who speaks on behalf of poor epf contributors.
@chamuditaabhisheka8229 Жыл бұрын
Apith cental college wala tama iganagatte
@mahendrac2002 Жыл бұрын
Yes ..very good points..but ..dont understand sri lanka political men's....
@amithnissanka9667 Жыл бұрын
This is very valuable. And bitter truth. Income of middle and low level families spend more than 40% for tution .its a contemporary issue. No government can have a proper mechanism to control this.
@thivankaweerasinghe5310 Жыл бұрын
Very Impressive
@thivankaweerasinghe5310 Жыл бұрын
Very Important points Politicians to pls see
@amithnissanka9667 Жыл бұрын
Excellent sir. A Valuable discussion.
@kamalkithsiriirugalbandara1924 Жыл бұрын
Great
@vireshgomes2919 Жыл бұрын
Great 👍
@tissananayakkara3319 Жыл бұрын
I truly appreciate your point of view. Hopefully a few politicians take the effort to watch the clip...
@sampathpathirana4668 Жыл бұрын
Great
@lakshigamage1245 Жыл бұрын
Hi Mr Kannangara .it is important to encourage entrepreneurship . But the Inland Revenue Act No 24 of 2017 in relation to the deductibility of interest cost discourages taking up entrepreneurship. Many in the SME sector are not capable of injecting equity in to their businesses. Hence they look forward to borrow and invest. However, the deductibility of the interest cost, is subject to the thin capitalisation rules as provided for in the above Act. Hence almost all or a very large proportion of the interest cost is disallowed from being deducted as expenses necessarily incurred in the production of profits in arriving at the business income. This situation needs to be corrected and the best solution is to re introduce the provision contained in Act No 10 of 2006, with regard to thin capitalization
@OnpointwithGaminiK Жыл бұрын
If we introduce 3 pier Tax rest will fall in line automatically
@amithnissanka9667 Жыл бұрын
Dear sir. Very good points. An effective tax system 5% Start from grass root level. Transparency. 5 years cash flow forecast. Dicuss with lenders Improve rating Srilanka need these type of ideas in to put in action 🎬
@ruchikasamarawickrama1208 Жыл бұрын
Great practical idea from Great businessman! Please I will send some decision makers also, hope they will understand what you mean! Thank you very much!❤
@WickraWickramapala Жыл бұрын
Excellent explanation. 👌
@dennisnandana3983 Жыл бұрын
Great 👌
@amithnissanka9667 Жыл бұрын
Dear sir. Very important points. How srilanka budget disburse Need more practical people not theorities Burden over staff of the government Issues on tax system Fuel crisis and how would it to be managed Worker's remittance. Central banks inefficiency.
@amithnissanka9667 Жыл бұрын
You highlighted valuable points. Importance of internal debt management. A cash flow forecast. When did the economic crisis/shrank start. Government neglected pvt sector role. Purchasing power of the people. Issues on tax system etc.etc.