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 Date: 2025-06-19   Answered 

0855/2025: RE-LEASE OF LAND IN MAHAWELI "C" ZONE TO INFORMATICS (PVT.) LIMITED: TAX CONCESSION

Hon. (Mrs.) A.M.M.M. Rathwaththe,— To ask the Minister of Agriculture, Livestock, Land and Irrigation,— (1)

(a) Is he aware that —  

(i) a land measuring about 1000 acres in the Mahaweli C zone has been disposed to Informatics Private Limited for an investment project; and

(ii) when the first period of lease of that land ended, and when the approval was granted for the second period of lease, a tax concession has been granted on account of the excessive figure of the valuation, and as a result the government loses a substantial loss in tax revenue?

(b) Will he inform this House —

(i) whether a tax concession can be granted as mentioned above;

(ii) of the basis of granting such tax concession; and

(iii) of the measures that can be taken to revise it?

(c) If not, why?

 

Asked Date

2025-06-19

Asked by

Hon. (Mrs.) A.M.M.M. Rathwaththe, M.P.

Ministry

Agriculture, Livestock, Land and Irrigation

Legislature

Tenth Parliament of the D.S.R. of Sri Lanka

Session

First Session

Question History

Answer

The answer is given in sinhala language.

Answered Date

2025-06-19

Answered by

Hon. (Dr.) Susil Ranasinghe, M.P.





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