Hiru News
Region: LK
Friday 19 June 2026 11:43:35 GMT
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AJAYAN AGRAWAL ✅ :
Small shops are selling most items with only a Rs. 2 or Rs. 5 profit margin. Even if a shop has a daily turnover of Rs. 100,000, its actual profit margin may be just 2% to 5%. How can they afford POS machine charges, accountant salaries, and other compliance costs with such low margins? If this act is implemented, these additional costs will inevitably be passed on to consumers. As a result, the prices of consumable goods, including food items, are likely to increase further.
2026-06-20 08:43:35
19
piyal de zoysa :
බලන්න කතා කරන්න දෙයක් නැහැ VAT එක නිසා සෑම භාණ්ඩයක්ම සේවාවක් ම 18/%කින් මිල ඉහළ යනවා.
2026-06-20 02:28:30
43
Lasantha Premakeerthi :
හර්ෂ💚
2026-06-20 18:17:50
0
🥰fifa22❤️ :
Normally if a grocery store make a sale of Rs 100,000 per day, they get a profit margin of 10% which is Rs 10,000. But for milk powder and milkmaid they get only 5% from companies. Their monthly profit would be around Rs 300,000. If a grocery store has 3-4 staffs, they pay have to pay salary for them, pay electricity etc. How to pay taxes in this case? Through which money? Isn’t it better to claim taxes from those earning in crores like gem business instead of trying hard to claim from these grocery store owners
2026-06-20 13:51:00
8
sena :
respect Mr harsa
2026-06-19 19:16:43
27
Poop Master :
Average profit margin 13 to 15% in wholesale business, income tax + VAT more than 40% . In addition we have assessment tax, municipal tax, garbage tax. How do we keep prices low if the government keeps taxing the business ? they have to pass it onto the consumer eventually.
2026-06-19 19:46:56
11
Jeff :
Future president of Sri Lanka
2026-06-20 05:04:45
7
Arshad :
respect Harsha
2026-06-20 02:51:03
4
maoilmartmotors :
Respect mr@harsha
2026-06-19 18:02:49
8
sameera :
respect sir
2026-06-19 16:51:35
7
hassan :
very powerful question.
2026-06-20 05:42:59
5
👉madu සුද්දා😍👈 :
harsa ser hari 🥰🥰🥰
2026-06-19 15:06:15
21
@naturearrogance :
Why calculate turnover .How decide profit margin 1 to another shops😂.
2026-06-20 12:13:21
0
Kavindu :
3 million treshhold is not practical at all
2026-06-20 08:40:25
2
Ruk Shan :
respect sir 👏
2026-06-20 03:31:08
2
Tharu :
Respect 😌
2026-06-20 08:53:29
0
Ramesh 1 :
good question
2026-06-20 08:21:25
1
Rasi :
respect sir❤️❤️❤️❤️🙏🙏
2026-06-20 07:37:34
0
ammasronney3 :
Respect Mr. Harsha
2026-06-19 16:20:12
8
ass :
As always the tax will flow down to the consumer !!! 😳
2026-06-20 01:12:27
6
Ahinsa Anarkali :
This is not the way government should apply, they using the very old system, i suggest them to follow how this is done by other countries, they should do a feasible study before implementing this..
2026-06-20 00:46:14
5
RANA88718 :
on track, Respect sir
2026-06-20 03:32:07
3
Tharindu :
agree with you mr. harsha 🙏
2026-06-20 09:28:21
2
hlife2021 :
VAT should be claimed. Sellers are making hefty margins. Hello Harsha today Retail is operating minimum GP of 30% this is TM, MT is making over 40 to 50%. Harsha you must sit with hands on experience business and retail specialist. Fix kind of VAT slabs on industry and product catogoy. You guys are good in talking, harsha to make it happen must apply the system.
2026-06-19 14:45:42
1
user86112061225200 :
Respect Harsha 🫡
2026-06-19 20:48:48
3
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