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2 sources1h ago

Govt. mulls increasing personal tax threshold to Rs. 200,000

The Government remains committed to raising the monthly personal income tax-free threshold to Rs. 200,000, Economic Development Deputy Minister Nishantha Jayaweera told Parliament yesterday, reiterating its plan to lower tax rates while expanding the tax base.

Daily FT•1h ago
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Summary

The Government's election manifesto had promised that income tax threshold would be increased to Rs. Jayaweera said the Government had already raised the monthly tax-free threshold to Rs. He said the Government intends to move to the Rs.

Summarised from Daily FT

What this story is about

People
  • Nishantha Jayaweera2
  • Anura Kumara Dissanayake
  • Hesha Withanage
Organisations
  • Parliament of Sri Lanka2
  • Institute of Policy Studies
  • International Monetary Fund
  • Samagi Jana Balawegaya
Keywords
  • threshold2
  • tax2
  • reiterating
  • government
  • increasing
  • personal
  • monthly
  • promise
  • mulls
  • raise

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • Will the government raise the PAYE tax-free threshold to Rs. 200,000?NewsWire English·14h ago
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