Professionals from 14 categories required to register with IRD from today

1 June 2023 12:12 pm - 13 - {{hitsCtrl.values.hits}}

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A special Gazette notification has been issued making it mandatory for professionals belonging to 14 categories including Doctors, Engineers, Chartered Accountants and Architects to register themselves with the Inland Revenue Dept from today (01 June).

The Gazette notification was issued by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization & National Policies.

As per the Gazette notification, employees whose monthly contribution from both employee and employer to any Provident Fund exceeds Rs. 20,000 are also required to register with the IRD.

Accordingly, the following professionals are required to register themselves with the IRD with effect from today (01 June):

1. Practitioners registered with the Sri Lanka Medical Council (SLMC)

2. Members of the Institute of Chartered Accountants of Sri Lanka

3. Members of the Institute of Certified Management Accountants of Sri Lanka

4. Members of the Institution of Engineers Sri Lanka

5. Members of the Association of Professional Bankers

6. Members of the Sri Lanka Institute of Architects

7. Members of the Institute of Quantity Surveyors Sri Lanka

8. Attorneys-at-Law of the Supreme Court of Sri Lanka

9. Individuals who have registered their businesses in Divisional Secretariats

10. Individuals who are in possession of vehicles registered (other than three-wheelers, motorcycles and hand tractors) with the Motor Traffic Department

11. Individuals who have purchased or acquired, by virtue of Deeds Transfer, of any immovable property in Sri Lanka on or after April 01, 2018

12. Employees whose monthly contribution from both employee and employer to any Provident Fund is more than Rs. 20,000

13. Any individual who obtains approval for a building plan from a Local Authority

14. Any other individual who receives payment of Rs. 100,000 per month or Rs. 1,200,000 for a 12-month period for providing any services in Sri Lanka

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Comments - 13

Jayantha Thursday, 01 June 2023 12:35 PM

Rw will experience a worst send off than GR for sure. He is protecting the corrupt and no pension cut for parliamenterians and cut down of free fuel but trying his level best to squeeze the general public who are already struggling and trying to survive.

Ama Thursday, 01 June 2023 12:56 PM

All should pay TAX equally. Doctors are making huge money. They did MBBS free of charge using tax Payers money

Azmath Thursday, 01 June 2023 12:45 PM

Why don't you include, President, Cabinet Ministers, Prime Minister, MPS and all our tax eaters ?

lester Thursday, 01 June 2023 12:46 PM

You need to check to see if everyone reported their earnings to inland revenue when children are admitted to schools and when people go to renew their IDs, drivers licenses and passports. Without an enforcement mechanism, this goes no where

nimal Thursday, 01 June 2023 12:46 PM

what about tuition masters?

Love LK Thursday, 01 June 2023 12:51 PM

Ranil is making a collective political suicide with this and he may need to add university academics as well as they get more salary than some of these people .

Mahesh Thursday, 01 June 2023 02:35 PM

While this guy is getting free fuel, free vehicle,free residence,free security, free ac, free food. He is asking others to pay so that he and his politicians can enjoy with that money. Lol

Tissa Fernando Thursday, 01 June 2023 03:42 PM

The issue is not about payment of taxes. But how these tax money is robbed systematically by these politicians.

Sam Silva Thursday, 01 June 2023 07:45 PM

We have overwhelmed laws in our country but only fractional of our people who abide them which are honest.

aravinda Thursday, 01 June 2023 10:24 PM

Good move. Everyody should learn to bear the tax burden.

PB Friday, 02 June 2023 10:36 AM

What about three wheeler owners. Don’t they rob the public and tourists as and when possible. Don’t they earn more than Rs. 3000 income per day on an average.

Sj Friday, 02 June 2023 12:11 PM

What truly matters is the tax collected should be spent on people who are in need, investing in improving their livelihood for the long term and creating more job opportunities.

Lasith Gunasekara Friday, 16 June 2023 06:23 PM

What is the Extraordinary Gazette number?

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Professionals from 14 categories required to register with IRD from today

Comments - 13

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