Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 81

Exemption of interest from income tax

81. Notwithstanding anything in any other written law, no income tax shall be payable by any person upon the interest paid by the Bank to that person on moneys, not exceeding an amount generally specified by the Minister by Order published in the Gazette, lying in an account to the credit of that person.


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