Sri Lanka Economic Summit 2020
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 […]
e-Filing of Return of Income Year of Assessment 2019/2020
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.
Extension of Time to Remit Tax to the Inland Revenue Department
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 […]
Highlights of Budget 2021 and Tax Updates
Budget Proposal – Taxation Technical Notes Budget speech 2021 presented by Prime Minister, Hon. Mahinda Rajapaksa, Minister of Finance on 17th November 2020, “Vistas of Prosperity and Splendor” to strength the short term and long term objectives of the current government. There are few basic fundamentals of the taxations polices have been addressed and the […]