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Employee who draws Rs. 200,000 per month now has to pay only Rs. 1,700/- as tax: Bandula

The PAYE tax payable by an employee who draws Rs. 200,000 a month is Rs. 7,500. His savings stands at Rs. 5,800 from the current fuel and gas price reduction. As such, he or she has to pay only Rs. 1,700 as payee tax, Cabinet Spokesman and Mass Media Minister Dr Bandula Gunawardana said yesterday.

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