Income tax rate reduced from 24 percent to 18 percent
The Government had decided to bring down the income tax rate from 24 percent to 18 percent, Co-Cabinet Spokesperson Minister Dr. Bandula Gunawardana said today.
The government has reportedly taken over the handling of the diplomatic issue regarding the Yuan Wang 5 ship directly through the Chinese Embassy in Colombo instead of going through the Sri Lankan mission in Beijing, Daily Mirror learns.
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