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ගවේෂණය කරන්න
විදසුන්
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
විදසුන්
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
විදසුන්
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
විදසුන්
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
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වීශේෂාංග
Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ප්රවාහනය සහ සන්නිවේදනය
නාගරික සංවර්ධනය සහ නිවාස
මාතෘකාව
Fitch upgrades Bank of Ceylon’s VR and Foreign-Currency IDR to ‘cc’/’CC’
The Bank of Ceylon’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) has been updated to ‘CC’ from ‘RD’ (Restricted Default).
2023-02-16
Daily FT
වැඩිදුර කියවන්න
No income tax on non-cash benefits – Circular
A Circular has been issued exempting employees from paying personal income tax on non-cash benefits such as vehicles, fuel allowances, housing and medical benefits provided to employees at their places of employment.
2023-02-16
Ceylon Today
වැඩිදුර කියවන්න
Public debt swells past Rs. 25 trillion
The outstanding Central Government debt has increased to Rs. 25.5 trillion by end November 2022 from Rs. 17.59 trillion from end 2021. This reflects an increase of Rs. 7.93 trillion or 45%, partly influenced by the devaluation of the rupee last year.
2023-02-16
Daily FT
වැඩිදුර කියවන්න
US$ 422 Mn earned through electronic exports in 2022
Dhammika Samarawickrama, Member of the Industry Commission and Chairman of the Advisory Council of the Ministry of Industry (Electronics and Electrical) said that Sri Lankan exporters have brought in US$ 422 million to Sri Lanka last year by sending electronic and electrical equipment abroad amid...
2023-02-16
Daily News
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