IT sector to be exempt from all taxes - Bandula
November 28, 2019 05:05 pm
The Information and Technology sector will be made exempt from all taxes, says Co-Cabinet Spokesperson Bandula Gunawardena.
He announced this addressing a media briefing held at the Department of Government Information this evening (28).
Speaking further he said, accordingly all taxes imposed on the IT sector have been revoked.
The IT sector is the only field that was made exempted from all taxes including income taxes, Value Added Taxes (VAT) and Nation Building Tax (NBT), Minister Gunawardena said continued.
The Minister is hopeful that this measure will boost the IT sector in Sri Lanka.
