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Income Tax Bill presented to Parliament

November 16, 2015 12:13 am

The Income Tax Bill has been tabled in Parliament.

Ashneel Sudhakar, the chair of the Parliamentary Standing Committee on Justice, Law and Human Rights, presented the bill before the House.

“It addresses some of the many different aspects of taxation such as income tax social responsibly tax, presumption income tax, withholding tax, shipping income tax, company and business tax, capital gains tax, fringe benefit tax, mining tax, etc, touches the lives of each and every one individual in one way or the other.”

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The bill will be debated on in Parliament at a later date.

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