Sri Lanka Economic Summit 2020
The upcoming Sri Lanka Economic Virtual Summit 2020, is prepared to host a lineup of contemporary dialogues under this year’s theme ‘Roadmap for Take-Off: Driving a People-Centric Economic Revival’. Day Two of the event will commence with a session dedicated towards a focal topic on ‘Efficient Government and Progressive State Enterprises’.
IRD is pleased to inform that the facility to e-Filing of Return of Income
(electronically filing a Return of Income) for the Year of Assessment 2019/2020
is open now for Individuals, Partnerships and Corporate Entities. More
Extension of Time to Remit Tax to the Inland Revenue Department
Any amount retained by the Employees’ Trust Fund (ETF) Board, any Provident
Fund or Employer as per the Circular No. SEC/2020/02 of the Commissioner
General of Inland Revenue, dated 18.02.2020 as income tax on terminal benefits due
for the retiring employees for which such employees were required to produce a
Direction from the Inland Revenue Department (IRD) within 90 days from the date
of such retention of tax, and if that 90 days period expires on or after 06-10-2020,
such 90 days period for retention of tax deducted by the ETF Board, any Provident
Fund or Employer, has been extended up to 31st December, 2020, considering the
COVID-19 pandemic situation prevailing in the country.
Commissioner General of Inland Revenue
