Inland Revenue (Amendment) Bill enacted!

Date:

The Inland Revenue (Amendment) Bill recently approved in Parliament with a majority vote has been enacted by Speaker Mahinda Yapa Abeywardena yesterday (19). With his signature, the Inland Revenue (Amendment) Bill has been enacted.

The Bill was subject to debate during its second reading on December 09 and was favoured by 83 votes, with 41 votes in objection.

During the debate for its third reading, 79 votes were cast in favour and 36 in objection.

Conclusively, the new Amendment Bill will be enacted as the Inland Revenue (Amendment) Act No. 45 of 2022, with the signature of the Speaker.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

How Singapore Chose to Work — and Why Sri Lanka Still Can

By Roger Srivasan Discipline, merit, and the courage to enforce...

After Three Decades of Silence, Sri Lanka’s Child Abuse Case Files Are Finally Opened

After Three Decades of Silence, Sri Lanka’s Child Abuse Case Files Are Finally Opened

Debt Storm Returns as Sri Lanka’s Growth Engine Stalls

Sri Lanka’s fragile debt recovery is once again under...

Policy Paralysis Threatens Sri Lanka’s Renewable Energy Transition

Sri Lanka’s ambitious renewable energy drive is facing a...