50,000 fine for those who do not open tax accounts, will not be imposed now

Although obtaining a Taxpayer Identification Number (TIN) is mandatory for all persons above the age of 18 years, those who do not absorbe to the system will be charged Rs. 50,000 . But State Minister of Finance Ranjith Siyambalapitiya says that imposing a fine will not be implemented at this time. Addressing a rally held …

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