The Hon. Mahinda Jayasinghe - Deputy Minister
Deputy Minister Mahinda Jayasinghe contrasted the current Government’s position on PAYE tax with the previous administration’s response to professionals’ demands for relief. He stated that the PAYE tax threshold will be raised to Rs. 150,000 and that there is no objection from the IMF to this change or to salary increases.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 We remember when professionals in this country agitated to reduce the PAYE Tax, President Ranil Wickremesinghe then said to go and talk with the IMF. But we have decided to raise the PAYE threshold to Rs. 150,000. There is no problem with the IMF on this, nor with increasing salaries.
Provenance
- Source
- Hansard, Thursday, 9 January 2025 ·No. 1738229262040729 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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Cite as: The Hon. Mahinda Jayasinghe - Deputy Minister. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 January 2025. No. 1738229262040729. Politick, https://staging.politick.io/lk/speeches/23639