Cabinet has approved to submit for Parliamentary approval, the proposal to impose a one-off 25% surcharge tax on individuals or companies earning taxable income more than Rs. 2000 million for the assessment year 2020/2021.
This proposal was put forward in Budget 2022. The Attorney General's clearance has been received for the Surcharge Tax Bill prepared accordingly by the Legal Draftsman.
Accordingly, the Cabinet of ministers approved the proposal presented by the Minister of Finance to publish the Bill in the Government Gazette and thereafter submit it to Parliament.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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