No income tax on non-cash benefits

No income tax on non-cash benefits – Circular

A Circular has been issued exempting employees from paying personal income tax on non-cash benefits such as vehicles, fuel allowances, housing and medical benefits provided to employees at their places of employment.

https://ceylontoday.lk/2023/02/09/no-income-tax-on-non-cash-benefits-circular/

Ceylon Today

2023-02-16

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SriLankan loses Rs. 12.9 b in Q1

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Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.

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