The Finance Ministry will amend laws pertaining to five acts in the near future.
Among them include the Value Added Tax Act, Nation Building Tax Act, Economic Service Charge Act, Inland Revenue Act, and the Betting and Gaming Levy Act.
According to a cabinet paper submitted by the Finance Minister, these acts would have to be amended in order to implement certain proposals of this year's budget.
The cabinet paper had been approved yesterday (Aug 27).
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Former President Ranil Wickremesighe was remanded till August 26 by Fort Magistrate Nilupuli Lankapura a short while ago.
Former President Ranil Wickremesinghe was arrested by the CID this afternoon in connection with the misuse of public funds.
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