Nation Building Tax

Nation Building Tax (NBT) [Amendments to NBT Act No.9 of 2009]


(i) The present rate of NBT will be revised to 4%.

(ii) The present exemptions on the following articles or services will be removed:

– Telecommunication service

– Supply of electricity

– Lubricants


(iii) The present threshold will be revised to Rs 3 million per quarter and the threshold of Rs 25 million per quarter will be removed except for any locally procured agricultural produce in the preparation for sale.

Leave a Reply

Your email address will not be published. Required fields are marked *