New income tax rules on individuals from Dec. not from Oct 1.
The new income tax rules for individuals are set to come into effect from December and not from 1 October as referred to in the Inland Revenue Amendment Bill.
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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