- Last Update 2025-06-25 20:07:00
Tax on senior citizen FD interest earning of less than Rs.100,000 removed
The five percent withholding tax on monthly interest earnings of less than Rs.100,000 from senior citizens’ Fixed Deposits will be removed starting from January 01, State Minister of Finance Ranjith Siyambalapitiya said.
The Minister said there have been complaints from senior citizens that the tax has left them struggling with reduced monthly income.
Comments
-
Still No Comments Posted.
Recent News
Most Reviews
- June 20, 2025 - 154 - 0
NPP MP Harshana Suriyapperma resigns from Parliament
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
Related Articles
UN Human Rights Chief visit Chemmani mass grave in Jaffna
- 25/06/2025 - 41 - 0
Action against crimes related to child trade expedited
- 25/06/2025 - 23 - 0
UN High Commissioner for Human Rights meets Speaker and Party Leaders
- 25/06/2025 - 28 - 0
Leave Comments