Everyone with a monthly income of over Rs. 100,000 should be taxed by 05 per cent: Bandula

Everyone with a monthly income of over Rs. 100,000 should be taxed by 05 per cent: Bandula

13 September 2021 09:12 am

In the face of the current economic crisis, a five per cent tax should be imposed on all those who earn an income of more than Rs. 100,000 per month to maintain public services such as education and health, Trade Minister Bandula Gunawardena emphasised, speaking to a private television channel.

"In order to maintain social welfare services such as education and health, a tax of at least 05 per cent as "Social Security Contribution" should be imposed on all persons with an average monthly income of more than Rs. 100,000 without any change in the income levels," he said.