Sri Lanka considers raising PAYE tax threshold in 2027 budget: president

NAMPA / Xinhua
2026-11-08
COLOMBO, Nov. 8 (Xinhua) -- Sri Lanka plans to further raise the threshold for Pay-As-You-Earn (PAYE) tax in the 2027 Budget, President Anura Kumara Dissanayake said on Saturday. Speaking at the National Trade Union Conference in Colombo, Dissanayake said the government had previously increased the monthly PAYE tax threshold from 100,000 Sri Lankan rupees (about 301 U.S. dollars) to 150,000 rupees (about 452 dollars) and expected to raise it f......
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