Donations to Religious Institutions to be Taxed

Organizer of the National Freedom Front, MP Jayantha Samaraweera blamed the Government to impose a tax on the money that falls into the tills and donation  boxes of religious institutions. The cabinet approved a new Inland Revenue Act and attempt to gain the approval of the Parliament one way or another, said MP Jayantha Samaraweera

The government had intentionally contributed towards the inactiveness of the Department of Inland Revenue, and was now putting a great tax strain on the public by attempting to privatize the Department.

According to the new Inland Revenue Act, anyone earning a single rupee above Rs. 500,000 would incur a tax ranging between 4 and 24 percent, MP Jayantha Samaraweera stated.