IMF tells Sri Lanka Government to tax all those who earn above Rs. 45,000 per month
Posted by Editor on January 25, 2023 - 4:35 pm
The International Monetary Fund (IMF) has instructed the Sri Lankan government to tax all those who draw a salary or a monthly income of over Rs. 45,000 but this proposal has not been accepted by the government, Minister Bandula Gunawardana said yesterday (January 24).
Bandula Gunawardena said that the Sri Lanka government will maintain its policy of imposing taxes only on those who earn a monthly income of Rs.100,000 or more.
Gunawardena said President Ranil Wickremesinghe had revealed this IMF proposal to the cabinet on Monday (January 23).
Latest Headlines in Sri Lanka
- Deshabandu Tennakoon granted bail April 10, 2025
- Sri Lanka Police launches pilot project to pay traffic fines online April 10, 2025
- Sri Lanka reintroduces cow and goat insurance April 10, 2025
- Sri Lanka tests card payment system on expressways April 10, 2025
- Sri Lanka plans new animal census for better wildlife management April 10, 2025
