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Thursday, November 12 2026

Thursday, November 12 2026

Sri Lanka Reduces Personal Income Tax Rates for Most Slabs

Published Thursday, 12th November 2026 4:07 PM

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MONETABRIEF - Sri Lanka is reducing personal income, according to the text of a speech by President Anura Kumara Dissanayake.

Rates have been reduced for most slabs.

Rates have been reduced for all but the highest income earners.

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The budget has also proposed lifting VAT from school books. (Colombo/Nov12/2026)

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