Tax Administration

(1) Minimum employment requirement imposed on the companies predominantly engaged in the Information Technology Services will be removed, to be eligible for the special additional deduction of 35% on the salary expenses incurred.

 

(2) A Revenue Intelligence Unit will be established at Ministry of Finance, to take steps to assist our main Revenue Collection Departments, such as, Customs, Inland Revenue and Excise, to broaden their revenue collection bases, increase total revenue collected and minimize leakages & evasion.

 

 

 

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