Sep 13, 2021

Income over Rs. 100,000 to be taxed 5% Featured

Trade Minister Bandula Gunawardene stated that all those earning an income over Rs. 100,000 per month, should be taxed 5%.

He added that the revenue from these taxes could be used to maintain public facilities like health and education, in view of the spread of Covid-19.

He aired these views during a programme on Derana TV.