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Decision taken to amend insurance laws to prevent tax evasion

Source: Sri Lanka Mirror
Category: Politics
Region: General
Published: May 17, 2026 at 03:40

📝 Summary

Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando says that steps will be taken to introduce new laws to prevent the avoidance of withholding tax through the use of insurance policies. He stated that numerous complaints had been received regarding individuals avoiding tax payments by depositing money in insurance policies in the form […]

🔗 Read Full Article at Sri Lanka Mirror ✨ Extract Article
🏷️ Keywords:
insurance taken laws prevent policies decision amend evasion deputy

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