Amend IR Bill: Dayasiri tells Govt.

7 September 2017 10:41 pm - 5     - {{hitsCtrl.values.hits}}

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The Sri Lanka Freedom Party (SLFP) today called for amendments to the Inland Revenue (Amendment) Bill.

Co-Cabinet spokesman and Minister, Dayasiri Jayasekara, said during the debate on the Inland Revenue Bill Section 100(1) of the Bill could be problematic because that clause authorises the Finance Minister to obtain information on any person.

'This authority may be used by the Finance Minister to tax some and exempt others," the minister said and added that taxing of religious places of worship under the Bill could also cause issues. a "It is advisable to put off the implementation of this Bill so that the businesses will have enough time to change or modify their systems. If we fail to do it the government will not able to achieve the desired results envisaged by this Bill," he said.

However, the minister said many of problematic clauses had been rectified after discussions his party had with the President, Prime Minister and the Finance Minister. (Yohan Perera and Ajith Siriwardana)

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  Comments - 5

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  • lion Friday, 08 September 2017 06:04 AM

    This is a another day light rouge in white garb , How he robbed millions by selling quotas while being the secretary of GL Peris and this was said by GL peris himself once in the parliament.

    Premalal Friday, 08 September 2017 06:54 AM

    A minster's company was caught red handed with a vast amount of undocumented money. What have the IRD done about it? Nothing. So much for the IRD and so much for giving ministers the power over the IRD.

    AFVF Friday, 08 September 2017 03:03 PM

    His statements are like writing something on running waters. No value at all.

    Lal. Friday, 08 September 2017 07:55 PM

    How about Senior Citizens who are not employed and are retired who depend on their meager interests earned fromfixed deposits. Will they be taxed too ?

    malij Friday, 08 September 2017 08:42 PM

    Mr. Minister, it would be better if you could concentrate on how to revive sports in Sri Lanka. Especially Cricket and Athletics which has hit the rock bottom with your blessings.


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