header logo
SLIC
Latest
Gazette declaring tax concessions expected within a week - Bandula
Nov 28, 201903:45 PM
Gazette declaring tax concessions expected within a week - Bandula
Mobitel inner 1278

With the recent tax concessions announced by the government, every sector in the economy will be boosted in the coming years, says Minister of Information & Communications Technology, Higher Education, Technology & Innovations Bandula Gunawardena.

 

Joining Ada Derana 24’s BIG FOCUS programme today (28), the Minister Gunawardena explained the new tax reliefs introduced by the government.

 

The Minister said public and private sector employees are deeply dissatisfied with the government and the tax burden imposed on them owing to the Pay As You Earn (PAYE) Tax.

 

These tax concessions will be in effect starting from the 1st of December, the Minister added.

 

Speaking further, Minister Gunawardena said the Gazette notification declaring the Cabinet-approved tax cuts and removals can be expected to be issued within a week’s time.

 

 

 

 

MostRead
Mobitel 1278
VideoStories
‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Wheat flour price hiked by Rs. 17;  Parata, egg roti prices to rise by Rs. 5

Wheat flour price hiked by Rs. 17; Parata, egg roti prices to rise by Rs. 5

Trump says US is taking partial control of  Venezuela's vast oil reserves

Trump says US is taking partial control of Venezuela's vast oil reserves

Sevanagala sugar factory halts production,  staff granted leave

Sevanagala sugar factory halts production, staff granted leave

Narcotics crisis persists as majority of remand prisoners  face drug-related charges

Narcotics crisis persists as majority of remand prisoners face drug-related charges

Sri Lanka extends USD 1 million  humanitarian assistance to flood-hit Nepal

Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

Sri Lanka’s agriculture sector faces  growing impact from prolonged dry spell

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Colombo Port enters global top 20  after strong container volume growth

Colombo Port enters global top 20 after strong container volume growth

Large crowds gather in Kandy to witness historic final Randoli Perahera

Large crowds gather in Kandy to witness historic final Randoli Perahera

 Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

 BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

Lassana Flora