The article covers the following: What is a Statement of Estimated Income Tax Payable or SET? How do you estimate your payable tax amount? Who
The Covid-19 crisis is not an isolated pandemic, instead a long tail interconnected incident with extreme levels of uncertainty, which is well beyond the experience of business leaders, verily a test for many business leaders on how they think and respond to shape strategy’
The President instructed all financial institutions to provide working capital requirement loans at an interest rate of 4 percent and wave off interest payments for at least six months. This will be applicable for SMEs, tourism, apparel, plantation, IT and logistics sectors.
Thinking of expanding your horizons and setting up shop in the South Asian region of the planet? In that case, Sri Lanka is a land that shows a lot of promise! But how does the set-up process work? Are there specific rules or guidelines you need to follow? What is the most reliable way of getting your foreign company registered in Sri Lanka?
We all need to pay taxes. But, when do we start? If this is the first time you’re paying taxes, or if you’re unsure about the process, we’ve compiled a step by step article. There’s no need to worry. We’ll guide you through the process. Taxes come in many forms. Income tax is where you have to submit a portion of your salary to the Government on a yearly basis. Paying your taxes is considered a civic duty, and failure in complying would result in either a fine or even result in serving jail time.