Sri Lanka hiked personal income tax rates in 2023. Value added taxes were raised to 15 percent from 8 percent last year. Another 2.5 percent cascading tax was imposed on top of VAT, the effect of which was estimated to be around 4.5 or more through the cascading effect. While value added...
Well-paying Income tax is nothing put paying a small portion of your salary to the Government on a yearly basis. And yes, it is a must deed for all to pay their tax in time and in proper amount, as failures to do so would result in either a preliminary fine or in worst case servi...
Navigate Singapore's personal income tax landscape and IR8A filing with expert guidance. Stay compliant and optimize your tax strategy with Rikvin!
ECONOMYNEXT – Sri Lanka’s quarterly income tax filed for the 2020 last final quarter had exceeded the 2019 number, despite lower rates showing that economic activity was starting to pick-up and some tax payers had also opened new files, Treasury Secretary S R Attygalle said. Corpor...
The objective of the study is to analyze what is impact of income tax default and arrears collection? And to identify factors influence in defaulting income tax in Sri-Lanka. Major part of the government revenue is collected through the well-defined system of tax administration for the survival...
Pretax Income Growth Pretax Income Growth - -15.23% 32.54% -38.10% 156.08% Pretax Margin Pretax Margin - - - - 11.07% Income Taxes Income Taxes 5.42B 3.92B 2.97B (1.33B) 13.61B Income Tax - Current - Domestic Income Tax - Current - Domestic 5.85B 6.3B 6.45B 25.98B 17.8B Income ...
All income distributions and capital gains from the fund are exempted from tax within the fund since Unit Trust acts as flow through. However, individual tax brackets will apply to investors. Investment Details Bloomberg Code CEYINCF:SL Minimum Investment LKR 10,000/- Front End Fee Managem...
2 | Viet Nam Pocket Tax Book 2024 Contents Taxation General overview Corporate Income Tax ● Tax rates ● Tax incentives ● Calculation of taxable profits ● Non-deductible expenses ● Losses ● Administration ● Profit remittance Transfer Pricing ● Related party definition ● TP methodologies ● ...
In terms of Asian equities, over the last two months, our strategy has focused on reducing the portfolio's sensitivity to bond yields by rotating some of the exposures in sectors such as utilities into those which could benefit from higher interest rates such as banks. This means that even ...
The funny thing about leaving Sri Lanka is the fact that even though my views on Youtube will drop significantly, there's a chance that I may end up earning more money through as the ad rates are higher outside of the country. While I appreciate all of my viewers from Sri Lanka, the...