Calculation process of income tax for medical specialists to change

The calculation process of income tax for medical specialists is to be amended.

The Ministry of Finance and Mass Media said that members of the Association of Medical Specialists held a discussion with the Minister of Finance and Mass Media Mangala Samaraweera where agreement was reached to amend the process of the expenditure calculation for the purpose of income tax payment.

The Ministry insisted that there was no change in the tax rate for the calculation of the Income Tax or the PAYE tax. (Colombo Gazette)

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