Aug 06, 2018

No change in tax rate – finance ministry

The Ministry of Finance and Mass Media says that no changes in the tax rate for the calculation of Income Tax or the PAYE tax has been made.

The members of the Association of Medical Specialists held a discussion with the Minister of Finance and Mass Media Mr. Mangala Samaraweera where agreement was reached to amend the process of the expenditure calculation for the purpose of income tax payment.

Meanwhile, health minister Rajitha Senaratne told a function today (06) that the 24 per cent income tax on specialist doctors would be brought down to 15 pc, following a discussion with the finance minister.