2015 Budget Highlight - Asia Sec and KPMG

NC · 1 2015 Budget Highlight - Asia Sec and KPMG Mon Oct 27, 2014 4:50 pm

NC

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For Asia Sec Budget Highlights: https://www.dropbox.com/s/66k3e8rcpjdxk2a/2015%20Budget%20Proposals%20-%20Key%20Highlights_27%20October%202014.pdf?dl=0

For KPMG Budget Highlights (Fiscal and Tax Proposals) :
http://www.kpmg.com/LK/en/Documents/Budget%202015_KPMG%20Publication.pdf

For LSL Budget Highlights:
https://www.dropbox.com/s/v8y60ymsjg0c4bz/Budget%202015.pdf?dl=0

Very Happy

RoomGirl · 2 Re: 2015 Budget Highlight - Asia Sec and KPMG Mon Oct 27, 2014 5:24 pm

RoomGirl

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Hi All,
■ 12% annual interest rate for deposits of pensioners and elders who maintain their savings in a state bank.

Can anybody explain this? Thanks.

RPPA · 3 Re: 2015 Budget Highlight - Asia Sec and KPMG Mon Oct 27, 2014 6:02 pm

RPPA

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kabba wrote:Hi All,
■ 12% annual interest rate for deposits of pensioners and elders who maintain their savings in a state bank.

Can anybody explain this? Thanks.

Yes you heard it right. They will get 12% for FDs annually. And CBSL will compensate that by issuing a government security @ 12%.

Unbelievable isn't IT.

I have no idea how they implement this practically.

SHARK aka TAH · 4 Re: 2015 Budget Highlight - Asia Sec and KPMG Mon Oct 27, 2014 7:44 pm

SHARK aka TAH

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Thanks NC +Rep

RoomGirl · 5 Re: 2015 Budget Highlight - Asia Sec and KPMG Tue Oct 28, 2014 6:04 am

RoomGirl

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RPPA wrote:

kabba wrote:Hi All,
■ 12% annual interest rate for deposits of pensioners and elders who maintain their savings in a state bank.

Can anybody explain this? Thanks.

Yes you heard it right. They will get 12% for FDs annually. And CBSL will compensate that by issuing a government security @ 12%.

Unbelievable isn't IT.

I have no idea how they implement this practically.

Thnaks RPPA, Balamu ammawa bank ekata yawala.. Very Happy