Parliamentary debate on Social Security Contribution Levy Bill on Thursday

Parliamentary debate on Social Security Contribution Levy Bill on Thursday

September 6, 2022   10:39 pm

The parliament has scheduled the Social Security Contribution Levy Bill for debate on September 08.

The Bill was slated to be passed without a debate in parliament today.

This decision was taken after National People’s Power (NPP) leader MP Anura Kumara Dissanayake and Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva, requested the Speaker to take it up for debate given that amendments have been submitted for the said Bill.

Accordingly, the adjournment debate on the mid-year fiscal position report for the year 2022, which was scheduled to be held next Thursday, will be held later.

The Committee on Parliamentary Business had previously decided to pass the Social Security Contribution Levy Bill today (06) without a debate in Parliament.

Budget 2022 introduced the Social Security Contribution Levy Bill as a measure to raise government revenue and rebuild the economy hit by the Covid-19 pandemic. This tax is levied at the rate of 2.5 percent upon the annual turnover is Rs. 120 million on taxable turnover of importers, manufacturers, service providers and wholesale traders and retailers.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

No authority to allocate Hanthana land to MP Chamindranee Kiriella – COPE (English)

No authority to allocate Hanthana land to MP Chamindranee Kiriella – COPE (English)

Certain groups seeking change want their wrongdoings to stay hidden - Minister Vidyaratna (English)

Sri Lanka to hold virtual talks with US Trade Representative on tariff reduction (English)

Rajitha's anticipatory bail application rejected (English)

Former Minister Rajitha Senaratne's anticipatory bail application rejected

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

LIVE🔴 - Ada Derana Midday Prime News Bulletin