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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A QR Code for fuel distribution for vehicles has been implemented from today.
Prices of both used and modified vehicles are expected to drop with the government’s decision to remove the surcharge of 50 per cent imposed on vehicles
The Ceylon Petroleum Corporation (CPC) has announced a major fuel price increase with effect from midnight today (March 21).
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