(UTV | COLOMBO) – The proposed Surcharge Tax Bill that was presented to Parliament, will be amended in a manner that will not include 13 funds, including the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF), Sri Lanka’s Attorney General told the Supreme Court on Wednesday (02).
Additional Solicitor General Viveka Siriwardena told the Supreme Court that the Finance Secretary had informed the Attorney General in this regard in writing.
The Samagi Jana Balavegaya, one of the main opposition factions in Sri Lanka has filed a special petition with the Supreme Court challenging the proposed Surcharge Tax Bill that was presented to Parliament, on the 23rd of February.
The Government on 22nd February presented the proposed Surcharge Tax Bill to Parliament.
The special application challenging the Bill seeks a Supreme Court ruling to term the Bill as inconsistent with the constitution.