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.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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