The Cabinet of Ministers has decided not to levy the overdue charges for lapses in payments of income taxes during the Covid-19 lockdown period.
Cabinet Spokesperson Dr. Bandula Gunawardana stated the above yesterday (4), addressing the media briefing to announce Cabinet decisions.
The Inland Revenue Department usually charges penalties for the late payment or non-payment of income taxes. However, taking into account the lockdown period, it has been decided that the penalties will not be levied for the lapses in payments of income taxes until 20 June.
Income tax payments: Penalties lifted
05 Jun 2020
Income tax payments: Penalties lifted
05 Jun 2020
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