The Cabinet of Ministers has approved the proposal to gazette a draft bill seeking to amend the Social Security Contribution Levy Act No. 25 of 2022.
In line with the 2026 Budget proposals, the Legal Draftsman has prepared the draft legislation to revise provisions of the existing Act.
The Attorney General has granted clearance for the draft bill.
Accordingly, the Cabinet approved the resolution submitted by President Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning and Economic Development to publish the draft bill in the Government Gazette and subsequently present it to Parliament for approval.