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Last Updated : 2023-11-29 10:40:00
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Wed, 29 Nov 2023 Today's Paper
TIN will be mandatory to open bank accounts, register motor vehicles
13 November 2023 02:04 pm - 4 - {{hitsCtrl.values.hits}}
As part of efforts to enhance tax administration and implement revisions to tax policies, the submission of a Tax Identification Number (TIN) will become mandatory for actions such as opening a bank account or obtaining approval for a building plan.
The budget for 2024 says that providing a TIN is essential for activities such as opening a bank current account, securing approval for a building plan, registering a motor vehicle or renewing a license, and registering land or a title to land by the buyer.
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Brian Elmo Perera Monday, 13 November 2023 03:03 PM
Senier citizen 5%interest to be refund from the fix deposits
Sivalingam Monday, 13 November 2023 05:52 PM
Tax audit the people who have super luxury vehicles.
Kandiah Balendran Monday, 13 November 2023 05:53 PM
Go to the courts or hospitals and catch the persons who have super luxury vehicles.
Avery Markham Monday, 13 November 2023 05:54 PM
Go house to house starting in Colombo 7 and tax audit persons with luxury houses and luxury vehicles.
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