A Bill to amend the Inland Revenue Act, No. 24 of 2017 has been ordered to be published by the Minister of Finance, Economic Stabilization and National Policies in the Government Gazette.
This Bill seeks to amend the Principal Inland Revenue Act No.24 of 2017 introduced w.e.f. 01 April 2018. Prior to this the Principal Act has been amended by Amendment Act No. 10 of 2021 and Amendment Act No.45 of 2022.
11 salient features of the Inland Revenue (Amendment) Bill issued on 16 March 2023 have been published by Tax consultants KPMG.
Download: Tax-Alert – Inland Revenue Amendment Bill 2023 (1)
