Bank and financial institution employee’s taxes removed.
Tuesday, 22 July 2014 - 10:08
The Presidential Media unit says that President Mahinda Rajapaksa has decided to abolish taxes on state & private bank as well as financial institutions employees' perks imposed by Special Gazette 1857/8.
Accordingly the tax benefit will be in effect for the profit and loss accounts in banks and financial institutions.
The president had made the decision following a meeting with representatives of the Bank of Ceylon Employees' Union yesterday.