Deputy Minister Nishantha Jayaweera recently addressed inquiries in Parliament regarding the government's election promise to raise the monthly personal income tax-free threshold from Rs. 100,000 to Rs. 200,000. Opposition MP Hesha Withanage challenged the administration on the status of this manifesto pledge, questioning if the commitment was genuine or merely a campaign tactic. In response, Jayaweera confirmed that the government intends to fulfill this policy goal. However, he clarified that the administration never committed to executing this specific tax adjustment within its initial year in office. The government maintains that its policy statements are sincere and that the planned threshold increase remains a part of its long-term agenda, despite the lack of an immediate implementation timeline.
Source : Newswire
Photo : Newswire
