Govt to Tax 14 sectors previously untaxed

July 9, 2024 at 12:50 PM

The government has chosen to tax fourteen (14) sectors which were previously untaxed, State Minister of Finance Ranjith Siyambalapitiya announced. 

The State Minister said that large-scale tuition classes, private schools, private medical services, engineering services, and surveying services are among the chosen sectors.  

He further said that the Inland Revenue Department has commenced investigating the income of the companies registered under the said sectors.

State Minister Siyambalapitiya said that no one will be allowed to evade tax payments and that the mentioned 14 sectors must register for tax payments.

State Minister Ranjith Siyambalapitiya made the remarks while speaking to reporters in Kegalle. (Newswire)