PAYE reduction : President’s announcement
2024-12-18
President Anura Kumara Dissanayake announced in Parliament that the PAYE tax exemption limit has been increased from Rs. 100,000 toContinue Reading
Namal also promises PAYE Tax cuts
2024-09-02
Sri Lanka Podujana Peramuna (SLPP) Presidential candidate MP Namal Rajapaksa has vowed to systematically amend the Value Added Tax (VAT)Continue Reading
SJB confirms PAYE tax reduction in Manifesto
2024-08-29
The election manifesto of the Samagi Jana Sandhanaya Presidential candidate MP Sajith Premadasa outlines the changes it will make concerningContinue Reading
Harsha comments on President’s PAYE tax agreement with IMF
2024-08-29
Opposition MP Dr. Harsha de Silva says President Ranil Wickremesinghe’s announcement that the government has reached an agreement with theContinue Reading
PAYE Tax imposed on only 2.6% of workforce – Minister
2023-02-11
The Pay As You Earn (PAYE) Tax is only being imposed on 2.6% of the workforce, State Minister of FinanceContinue Reading
Income tax : Circular issued announcing several exemptions
2023-02-08
The Department of Inland Revenue has issued a revised circular pertaining to the relaxation of certain incentives provided at employmentContinue Reading