| Budget proposals For 2009|
|Milk powder, sugar import tax to be increased|
Import tax on milk powder to be increased from Rs.5 to Rs.15 per Kilogram and import tax on sugar to be increased from 14% to 16%, President Mahinda Rajapaksha reveals in the budget speech today .
Rs. 600 million for Mihin Lanka air service.
to spend Rs.600 million to resuscitate the Mihin Lanka air service by acquiring new aircraft.
Copyrights Act to be amended
the Copyrights Act to be amended so that lyricists, music directors and singers will get a financial incentive whenever their creations are aired over radio