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New Taxes will further damage Condominium Industry's contribution to economic growth? - Adaderana Biz English

Sri Lanka’s condominium industry has not only held up the real-estate sector but shored up the country’s economy as well amid a double crisis. A recent Cabinet decision (May 30) to abolish the concessional property exemption from the value added tax levied on condominium property could spell disaster for the industry and the economy as. ....

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