Budget 2027: Sri Lanka Raises Tax-Free Threshold to Rs. 1.95 Mn & Widens Income Tax Brackets

Budget

Individual taxpayers are set to receive take-home pay relief following key amendments to the Inland Revenue Act, No. 24 of 2017, unveiled in Sri Lanka’s 2027 Budget Speech. Presented to Parliament today by President Anura Kumara Dissanayake in his capacity as Minister of Finance, the fiscal blueprint raises the annual personal income tax relief threshold […]

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