- Last Update 2026-04-04 19:34:00
Surcharge Tax Bill passed with amendments
The Surcharge Tax Bill was passed with amendments in Parliament this morning.
The Surcharge Tax, which was announced in the Budget 2022 presented last November, is a one-off tax where individuals and companies are taxed 25 percent on taxable incomes that exceed Rs. 2 billion.
Earlier this year the government assured that 11 funds including the Employees Provident Fund and the Employees Trust Fund have been exempted from the controversial 25 percent Surcharge Tax.
President Gotabaya Rajapaksa also arrived in Parliament this morning and attended sittings for about 15 minutes.
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50 more Forests declared under Wanaspati programme
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
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Water cuts commence from today in Colombo district
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
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Temperature set to increase to ‘Caution level’
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.
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