IMF tells Sri Lanka Government to tax all those who earn above Rs. 45,000 per month
Posted in Local News
The International Monetary Fund (IMF) has instructed the Sri Lankan government to tax all those who draw a salary or a monthly income of over Rs. 45,000 but this proposal has not been accepted by the government, Minister Bandula Gunawardana said yesterday (January 24).
Bandula Gunawardena said that the Sri Lanka government will maintain its policy of imposing taxes only on those who earn a monthly income of Rs.100,000 or more.
Gunawardena said President Ranil Wickremesinghe had revealed this IMF proposal to the cabinet on Monday (January 23).
- Cabinet approves resume of the Colombo Light Rail Transit project May 30, 2023
- Sri Lanka Government to implement strict law enforcement against religious disharmony May 30, 2023
- Food insecurity improved in Sri Lanka but prevails within specific regions – FAO and WFP May 29, 2023
- ADB approves $350 Million for Sri Lanka economic stabilization programme May 29, 2023
- Ven. Rajangane Saddharathana Thera arrested May 29, 2023
- Nathasha Edirisooriya remanded till June 7 May 28, 2023
- Fuel quota to be increased from Tuesday May 28, 2023