(UTV | COLOMBO) – 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.
The Government on Tuesday (22) presented the proposed Surcharge Tax Bill to Parliament.
The special application challenging the Bill was submitted by the General Secretary of the Samagi Jana Balavegaya and it seeks a Supreme Court ruling to term the Bill as inconsistent with the constitution.
The Bill, which imposes a retrospective one-time surcharge tax of 25% on persons and companies with a taxable income over Rs. 2 billion for the year 2020/2021, was presented by Leader of the House Minister Dinesh Gunawardena on Tuesday (22).