Deputy Minister Nishantha Jayaweera recently addressed inquiries in Parliament regarding the government's election commitment to double the 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 policy, questioning if the pledge was merely a campaign tactic. In response, Jayaweera confirmed that the government intends to fulfill this promise as outlined in its policy manifesto. 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 platform remains valid and that the planned threshold increase will be implemented in due course.
Source : Newswire
Photo : Newswire
