Friday, February 8, 2013

SEC urges companies, individuals to benefit from Budget concessions on capital market investments

The Securities and Exchange Commission (SEC) has begun a campaign to encourage companies and individuals to benefit from a range of concessions offered via the 2013 Budget on capital market investments.

The Government’s 2013 Budget presented by President and Finance Minister Mahinda Rajapaksa announced seven far-reaching proposals aimed at revitalising the capital market for the benefit of private sector as well as investing public.

 Soon after their announcement, these proposals were hailed by the capital market in particular and the SEC’s campaign is aimed at the broader private sector and the people harnessing the opportunity for their benefit, which will lead to a more dynamic capital market, making a key contribution to the socioeconomic prosperity.

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