EPF & ETF will not be subjected to Surcharge Tax: Finance Minister Basil Rajapaksa

Finance Minister Basil Rajapaksa has informed the Cabinet of Ministers that the Employees Provident Fund and the Employees Trust Fund are not included in the 2022 budget proposal regarding the imposition of a 25% surcharge tax on individuals and companies with a net profit of over Rs. 2000 million for the year 2021. Finance Minister […]