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  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025
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  • Certificate of Income Tax Deductions (T-10): An Overview

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  • 2020
  • Page 11

2020

  • Tax Related News

IRD Notice on Removal of Economic Service Charge (ESC)

Lanka Tax Club6 years ago01 mins

As approved by the Cabinet of Ministers and instructed by the Ministry of Finance, ESC has been abolished with effect from January 01, 2020, pending parliamentary approval for amendment to the Economic Service Charge Act, No. 13 of 2006. Accordingly, any person or partnership for any quarter commencing on or after January 01, 2020 is…

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Recent Posts

  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka
  • Tax Invoice in Sri Lanka: A Comprehensive Guide
  • Certificate of Income Tax Deductions (T-10): An Overview
  • Understanding the 5% Advance Income Tax on Interest in Sri Lanka