Home / Business / Tax proposals head to cabinet

Tax proposals head to cabinet

A new personal income tax structure, including wider taxable income bands for 30% and 35% tax rates and increases in expenses and personal allowances as well as a land and buildings tax, may go before the cabinet today or its next meeting at the latest, says an informed source at the Finance Ministry.
Source: Business

About hmapj

Check Also

Sarath again richest shareholder, worth over B200bn

Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in …

Leave a Reply

Your email address will not be published. Required fields are marked *