INSUBCONTINENT EXCLUSIVE:
Speaker of Parliament Mahinda Yapa Abeywardena today (Sept
08) endorsed the certificate on the Inland Revenue (Amendment) Bill and Social Security Contribution Levy (Amendment) Bill.Accordingly, the
Inland Revenue (Amendment) Act No
14 of 2023 and the Social Security Contribution Levy (Amendment) Act No
15 of 2023 will come into effect from today.The two Bills were passed in parliament on Thursday (Sept
07) following a two-day debate which commenced on Wednesday (Sept
06).At the end of the debate, a division was called for the Inland Revenue (Amendment) Bill, which received 103 votes in favour and 58
Amendments were added to the Bill during the Committee Stage and the third reading of the Bill was passed without a vote.Meanwhile, the
Social Security Contribution Levy (Amendment) Bill too was passed in parliament, but without a vote.On Tuesday (Sept
Bill.The top court had determined that the bill should be passed by a simple majority in parliament, while maintaining that neither the
bill, which was challenged in court, nor any of its provisions are inconsistent with Article 12 or any provisions of the Constitution.Last
week, the Supreme Court concluded the deliberations of the petitions filed challenging the Inland Revenue (Amendment) Draft Bill, which was
further empower the Inland Revenue Department as the primary agent for collecting taxes and dealing with issues arising with taxes on behalf
