Srilanka, Feb. 2 -- Consistency in policy which is key for any economy to thrive, the capital market, a vital component of an economy too needs consistency in policy.

Capital market experts have been harping on the need for policy consistency umpteen times ever since trading in stocks or equity trading commenced at the Colombo Stock Exchange or probably from colonial times when share trading began in the Colombo Share brokers Association in 1896.

Chairman CSE Dilshan Wirasekara said what the CSE needs is consistency in policy for a vibrant capital market.

"We would like to see the exemption of Capital Gains Tax continuing," Wirasekara said. The Inland Revenue Act No.24 of 2017, which took effect from April 1, 2018 introduced the Capita...