Finance Ministry says no change into rate of Income Tax or PAYE

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The Ministry of Finance and Mass Media yesterday made it clear that that no changes in the tax rate for the calculation of Income Tax or the PAYE tax has been made.

"The members of the Association of Medical Specialists held a discussion with the Minister of Finance and Mass Media Mangala Samaraweera where agreement was reached to amend the process of the expenditure calculation for the purpose of income tax payment," a statement from the ministry said.

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