Friday, April 27, 2012

Sri Lanka government pays income tax of six state enterprises, says COPE chairman

Minister D.E.W. Gunasekara, the Chairman of Committee of  Public Enterprises (COPE) of Sri Lanka says that state has paid the income tax of the employees of six state firms since 1999.


The six enterprises are Ceylon Electricity Board, Ceylon Petroleum Corporation, Sri Lanka Ports Authority, Water Supply and Drainage Board, Bank of Ceylon and People's Bank.


The employees of these six firms withdraw bigger salaries according to Minister and their income tax is also born by the respective firms.


Minister D.E.W. Gunasekara pointed out that the accumulated total of income tax of the employees if these firms in 2010 was Rs. 2.3 billion which was born by state eventually.


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