The Hon. Bimal Rathnayake
Bimal Rathnayake said the Minister of Finance would provide a detailed explanation later in the day regarding tax relief measures. He stated that, following passage of the Budget, Bills would be introduced to reduce VAT and revise PAYE tax slabs and rates, in line with policy measures announced before the Budget.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Deputy Speaker, the Minister of Finance and Treasury will give a clear explanation this evening. Hon. Member, if you recall, before the President presented the Budget to this Parliament, certain policy measures were presented: reducing VAT, reducing PAYE. After this Budget is passed, we are ready with the necessary Bills. Accordingly, VAT will be reduced, PAYE tax slabs and charges will change, and people will receive relief.
Provenance
- Source
- Hansard, Tuesday, 25 February 2025 ·No. 1741258607035810 ·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.
- Permalink
/lk/speeches/26613
Cite as: The Hon. Bimal Rathnayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 25 February 2025. No. 1741258607035810. Politick, https://staging.politick.io/lk/speeches/26613