Sri Lanka

State Minister of Finance, Ranjith Siyambalapitiya states that the imposition of new taxes has actually been performed in order to support 90 percent of the people who need the federal governments assistance.Speaking to the media while joining an observation tour at Embilipitiya Excise Station, the State Minister discussed that he wants to revise the oppressive taxes for the people at the very first possible opportunity.

Taxes are not something that will continue forever.

We are ready to decrease them at the first possible minute and offer relief to the taxpayer.

Up until then we have to keep this society alive.

Social security contribution levy was slammed by lots of people, the State Minister stated, pointing out that he likewise thinks that it is not that much of a good tax to be imposed.Further, he revealed that they intend to get rid of some parts of the social security contribution levy which has some impacts, by the start of next year.

The first meeting of the Treasury which will be hung on January 02, is to speak about the taxes , he said.

The State Minister also emphasized that it is the obligation of the Ministry of Finance to look after the whole society and to direct them to come out of this abyss, while keeping everyone alive.

This article very first appeared/also appeared in https://adaderana.lk





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