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Relief to be granted to the people through the reduction of indirect taxes

ITN News Editor
By ITN News Editor May 30, 2019 19:35

Relief to be granted to the people through the reduction of indirect taxes

Inland Revenue Commissioner General Nadun Guruge has said that action will be taken in future to grant relief to the people through the reduction of indirect taxes. He made this reference after paying a courtesy call on the Malwatte Mahanayake Thera.

The Inland Revenue Commissioner General Nadun Guruge visited the Sri Dalada Maligawa and paid homage to the Sacred Tooth Relics. Thereafter he visited the Malwatte Temple and paid a courtesy call on the the Mahanayake the Most Ven. Thibbotuwawe Sri Sumangala Thera and received his blessings.

Inland Revenue Commissioner General Nadun Guruge said that the new Inland Revenue Act 2017 No: 24 is operative from 01st of April 2018. There are several newly introduced taxes as well as there are much tax reliefs granted to the people. As such the Government in collaboration with the Inland Revenue Department will be implementing it. He said that there is a need for the Government to change this tax structure.

Plans will be drawn up in the near future to the change the ratio of the direct and indirect taxes and receive a major contribution from the direct taxes and reduce the tax burden placed on the people.

ITN News Editor
By ITN News Editor May 30, 2019 19:35

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