Press briefing of Cabinet Decision taken on 2021-02-22

Implementation of Budget Proposals, Amendments to Tax Legislations

- A simple, transparent and efficient tax system has been introduced for all parties of the economy by the Budget Proposals 2021. Accordingly, the proposal made by the Hon. Prime Minister in his capacity as the Minister of Finance to prepare a draft Bill to implement the said tax proposals and to take other measures related thereto, was approved by the Cabinet.