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.
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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