tag:blogger.com,1999:blog-7167149547535484177.post5650137410043644599..comments2024-01-20T14:08:08.057+05:30Comments on Serendipity: A lament of a small business trying to increase capacity/productivity/profit! - TREASURY TAKE NOTERatmale,Minneriya,Sri Lankahttp://www.blogger.com/profile/17252632858481217930noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7167149547535484177.post-42184818900773295902016-09-28T14:48:34.553+05:302016-09-28T14:48:34.553+05:30Interesting case study. Thank you for sharing.
1....Interesting case study. Thank you for sharing.<br /><br />1. why don't the sellers of expensive printing machines offer better financing terms, rather than financing from greedy banks, in order for potential customers to be incentivised to purchase their machines?<br /><br />2. if the machines must be imported, where the financing costs could be less, can the government provide duty waivers for import of productive assets?<br /><br />3. can the government provide tax write-downs for purchases of productive assets which will ultimately increase tax payments once they are productive?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7167149547535484177.post-32345038558994653292016-09-28T14:10:41.210+05:302016-09-28T14:10:41.210+05:30I failed to mention that we recently had to spend ...I failed to mention that we recently had to spend Rs3.3M for a waster treatment plant for CEA certification, and we spend around Rs50K a month on the chemicals used to treat all waste prior to disposal to be in line with regulatory norms.Ratmale,Minneriya,Sri Lankahttps://www.blogger.com/profile/17252632858481217930noreply@blogger.comtag:blogger.com,1999:blog-7167149547535484177.post-46886816350463777852016-09-26T17:00:00.175+05:302016-09-26T17:00:00.175+05:30Just ask Ravi K to stand outside on any street in ...Just ask Ravi K to stand outside on any street in Colombo, with the Galle Road being the easiest outside Kollupitiya, and stop each car worth over 5million and ask the occupant for his tax file number. About 99% don't have one. Perhaps those in cars worth Rs30M or more are his buddies too, so that is why he is not going after them. Simple way to raise the needed Revenue to get those who should be paying, to pay, no need to increase anything for the already suffering middle classes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7167149547535484177.post-52418461947780594682016-09-26T16:53:40.282+05:302016-09-26T16:53:40.282+05:30Can you believe it! The Sri Lankan Banks and Leasi...Can you believe it! The Sri Lankan Banks and Leasing Companies have lent so much money on Autos that are of NO use to the economy, while NOT doing this on productive machinery without much more stringent tests. <br /><br />Why because the govt ups the taxes on vehicles and are easily disposable and the sucker of the borrower takes the risk, so even on repossession,banks clean up!<br /><br />Of course banks are only working for their self interest which is NOT the Country's. It is the fault of the Central Bank and the Govt. /Treasury in NOT putting the right policy, to dissuade from lending to dollar import cars that in addition to being unproductive leak foreign exchange like a sivve with NO return.<br /><br />It shows clearly that something is wrong, when all policies dissuade investment, with high interest being the obvious culprit in a world of negative inflation.<br /><br />Does the Govt.want the economy to grow? Then they had better follow your recommendation. They certainly will NOT get even 10% of the foreign investment they hope due to many factors, some outside of their control. Anonymousnoreply@blogger.com