Sri Lanka Consolidated Acts

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Surcharge on Income Tax Act (No. 7 of 1989) - Sect 4

Employer to deduct the surcharge

4. Every employer who employs any employee from whose remuneration income tax for any relevant, year is deductible, in accordance with the provisions of Chapter XV of the Inland Revenue Act (not being an employee who is deemed by subsection (7) of section 67 of that Act, to he a non-resident) shall also deduct"
(a) for the relevant year commenting on. April 1, 1989,"
(i) from the remuneration payable to such employee for the month of July 1989, 71/2 -per centum, and
(ii) from the remuneration payable to such employee for the month of October 1989. 71/2 per-centum,
(b) for the relevant year commencing on April 1, 1990,
(i) from the remuneration payable to such employee for the month of July 1990, 7 1/2 per centum, and
(ii) from the remuneration payable to such employee for the month of October 1990. 71/2 per centum.


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