PAYE Tax Relief: Government Eyes Further Increase In Tax-Free Threshold
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Lankadeepa reports that President Anura Kumara Dissanayake is scheduled to present the government’s budget for 2027 to Parliament on Thursday the 12th.
Newsfirst reports that Dissanayake said the government expects to increase the PAYE tax-free threshold further in the upcoming budget, providing additional tax relief for employees. Newsfirst says the threshold had previously risen from Rs. 100,000 to Rs. 150,000.
Newswire reports that the government plans further relief on Pay-As-You-Earn tax, while Ada Derana reports that PAYE tax is to be revised under the 2027 budget.
Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.
Earlier coverage
Reports on the same subject from the months before this story.
- Lankadeepa · අයවැය සහන ගැන ජනපති කියයි
- Daily Mirror · CA Sri Lanka calls for wider tax net, growth-focused budget
- Lanka Business Online · Opinion: Should Sri Lanka Raise Its Income Tax-Free Threshold Again?
- Newswire · More tax cuts coming in 2027 Budget, President AKD announces
- Newswire · Government explains 8 tax changes, denies imposing additional burden on public