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.
MP Lakshman Kiriella said the Ceylon Electricity Board (CEB) has informed the Nilames and organizers of the Kandy Esala Perahera to deposit a sum of Rs. 13 million in order to supply an uninterrupted power supply for the festival.
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