STAFF The Tax Bills which were issued on 18th March 2021, to amend the Inland Revenue Act, No. 24 of 2017 and to amend the Value Added Tax Act, No. 14 of 2002 were presented in Parliament by the Hon. Prime Minister and Minister of Finance, Minister of Buddhasasana, Religious & Cultural Affairs and Minister of Urban Development & Housing, Mahinda Rajapaksa. The first reading of the Bills was passed in the Parliament.
The tax proposals notified via web notifications by the Commissioner General of Inland Revenue from December 2019 onwards together with certain budget proposals read in Parliament in November 2020 are incorporated in the Bills among other things.
