Apr 03, 2021

P.B. says no new taxes within next 5 years Featured

Secretary to president Dr. P.B. Jayasundara says no new taxes will come into effect within the next five years.

Addressing the "Colombo Development Symposium'', Jayasundara said the VAT will remain at the 8 per cent limit during this period. Income tax will also be maintained at the current tax rates and the government has no intention of imposing new taxes, he stressed.