The Inland Revenue (Amendment) Bill was passed in Parliament a short while ago by a majority of 45 votes.
The Second Reading of the Bill was passed with amendments with 103 votes in favour and 58 against.
The Third Reading of the Bill was held immediately after the vote and amendments were introduced into the draft. The Third Reading of the Bill was thereafter passed without a vote.
Meanwhile, the Social Security Contribution Levy (Amendment) Bill was passed without amendents and without a vote.
The debate on the Second Reading of both Bills was held yesterday (6) and today (7).
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
President Ranil Wickremesinghe is firm about the President’s five-year tenure, the President’s Media Division (PMD) said.
Individuals who have obtained a Taxpayer Identification Number (TIN) yet do not meet the cutoff, can choose to remain tax exempt after notifying the IRD in writing, provided that their monthly income does not surpass the threshold, according to the State Minister of Finance Ranjith Siyambalapitiya.
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