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All provisions of IR Act from April 1

13 September 2017 04:56 pm - 2     - {{hitsCtrl.values.hits}}

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All the provisions of the new Inland Revenue Act which was recently passed in parliament will be implemented from April 1, 2018, a Finance Ministry statement said.

The government had earlier planned to charge capital gains tax, withholding tax and PAYE tax under the new Inland Revenue Act from October 1, 2017 and income tax from April 1, 2018.

The Finance Ministry today said due to difficulties in maintaining two types of accounts in a single financial year, it has decided to implement all the provisions of the new tax law from April 1, 2018.

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • GH Wednesday, 13 September 2017 10:29 PM

    Whatever you act, Election defeat is inevitable!

    Smart Aleck Thursday, 14 September 2017 12:13 PM

    Taxes for Sri Lankan "Fools" on All Fools Day!


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