Aug 07, 2018 (LBO) – The Finance Ministry yesterday announced the income tax level of doctors had not been reduced from 24 percent to 15 percent, but an agreement had been reached to amend the expenditure calculation process.
Issuing a statement late last evening it said that no changes in the tax rate for the calculation of income tax or the paye tax has been made.
The ministry says that the 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.
State Minister for National Policies and Economic Affairs Dr. Harsha de Silva expressing his views on the matter on Twitter said “Dr Rajitha says PAYE for specialist doctors in Sri Lanka capped at 15%. I am shocked! What about other doctors, pilots, lawyers?”
“We had made some revisions in discussing expanding slabs so ALL hard working MIDDLE CLASS would BENEFIT; progressive principle of taxation,” he Twitted.