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Sri Lanka

PAYE tax to be revised in the 2027 Budget, President announces

2026-11-08

PAYE tax to be revised in the 2027 Budget, President announces

President Anura Kumara Dissanayake has announced that the PAYE (Pay-As-You-Earn) tax deducted from salaries will be revised through the 2027 Budget. He made the announcement while addressing the National Trade Union Conference.

The 2027 Budget is due to be presented in Parliament next week.

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