The government plans to introduce a simplified tax system from 2027, including the gradual removal of additional taxes imposed alongsideContinue Reading
The government remains committed to increasing the monthly personal income tax-free threshold to Rs. 200,000, but did not promise toContinue Reading
The government has underscored the advantages available to Small and Medium-sized Enterprises (SMEs) that voluntarily register for Value Added TaxContinue Reading
Deputy Minister of Economic Development, Nishantha Jayaweera, has announced that the budget proposal to reduce the annual turnover threshold forContinue Reading
National People’s Power member Nishantha Jayaweera was sworn in as a Member of Parliament before Speaker Jagath Wickramaratne in ParliamentContinue Reading