Inland Revenue Amendment Act to come into force from January

Inland Revenue Amendment Act to come into force from January

December 20, 2022   02:32 pm

The Inland Revenue (Amendment) Bill which was recently passed in Parliament will be effective from 01 January 2023. 

Although it was previously decided that the Bill was to come into effect yesterday (19 Dec), the revision was announced by the Communications Department of the Parliament announced a short while ago.

Speaker Mahinda Yapa Abeywardena endorsed the certificate on the Inland Revenue (Amendment) Bill yesterday, after it was passed in Parliament with a majority of votes.

Following the recent debate on the second reading of the Bill, a division was called by the opposition. Accordingly, 83 votes were cast in favor of the Bill and 41 votes were cast against.

A division was called for the Third Reading of the Inland Revenue (Amendment) Bill by the Opposition to which 79 votes were cast in favor of the Bill and 36 votes were cast against.

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

Disciplinary inquiry against several police officers over negligence in probing MP Asoka Ranwala's accident (English)

Disciplinary inquiry against several police officers over negligence in probing MP Asoka Ranwala's accident (English)

Govt presents Rs. 500 billion supplementary estimate as parliament debates on recent disaster (English)

Complaint filed with CID over Ondansetron vaccine which was withdrawn from use (English)

Presidential Awards for Scientific Research 2025 held in Colombo (English)

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

Sri Lanka can't achieve meaningful development without Buddhist cultural foundations - Dilith (English)

Health Services DG clarifies Ondansetron batch withdrawal after probe into two deaths (English)

Chinese delegation reaffirms full support for Sri Lanka’s economic and social development (English)