No changes in the PAYE tax rate for medical professionals – Finance Minister
No changes in the tax rate for the calculation of Income Tax or the PAYE (pay as you earn) tax,…
Tag: tax
Ceylinco Life’s net profit surges 95-pct to Rs.6 Bn
Ceylinco Life has posted net profit of Rs 6 billion for the year ending 31st December 2017 while reaffirming its…
Aitken Spence nine-month PBT up by 14 percent
Aitken Spence PLC recorded a steady financial performance for the nine months ending on 31st December 2017 with a 14.1…
No taxes imposed on migrant workers in 2018 budget, Foreign Employment Minister assures
Sri Lanka’s Minister of Justice and Foreign Employment Thalatha Athukorala stressed that 2018 budget has not imposed any tax on…
H’tota Port tax cuts before Cabinet
Gazette outlining tax concessions to be presented to Cabinet today Parliamentary debate on tax concessions for H’tota Port expected Friday…
Govt announces incentives to promote non-fossil fuel powered vehicle imports
The government has announced the incentive structure to promote importation of vehicles powered by non-fossil fuel, as announced in the…
Sri Lankan beer makers to regain market share with tax changes- Fitch
Sri Lanka’s beer industry will regain market share from hard liquor following a more favorable tax regime for the segment…
Budget 2018: Vehicles tax revised
Sri Lanka will cut taxes on electric cars by one million rupees and also cut taxes on buses, Finance Minister…
Prices of Essential Food items reduced as election draws close
Prices of several Essential Food items have been reduced, said the Ministry of Finance. The said Essential commodities are (per…
A new tax springs from Lanka’s teeming waters
A one hundred rupee tax is set to be imposed on small fish exported into the country. Minister of Fisheries…