25. Section 113B of the principal enactment is hereby repealed and the following section substituted therefor:-
| 113R. For the purposes of this Chapter the income tax attributable to the official emoluments in relation to any employee of any specified employer shall be-
| | (a) for the year of assessment commencing of April 1,1993, the excess of -
| | | (i) the income tax computed at the rated specified in Part 11F of the First Schedule to this Act on such emoluments of such employee alter deducting therefrom a sum of forty two thousand rupees, over |
| (ii) one thousand eight hundred rupees; |
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| | (b) for any year of assessment commencing on or after April 1, 1994, the excess of"
| | | (i) the income tax computed at the rates specified in Part 11F of the First Schedule to this Act on such emolument of such employee after deducting therefrom a sum of forty-two thousand rupees, over |
| (ii) six thousand rupees. ". |
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Sri Lanka Consolidated Acts