4. Amendment of section 8 of the principal enactment

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

Section 8 of the principal enactment as last amended by Act, No. 18 of 2013 is hereby further amended in subsection (1) of that section as follows:-

(1)

by the substitution in paragraph (s) of that subsection, for the words “any allowance paid in lieu of the provision of such vehicle,”, of the words

“the aggregate of any allowance paid in lieu of the provision of such vehicle and the value of any transport facility as may be specified by the

Commissioner-General by Order published in the

Gazette,”;

(2)

by the substitution in paragraph (w) of that subsection, for the words “not resident in Sri Lanka.”, of the words “not resident in Sri Lanka;”; and

(3)

by the addition immediately after paragraph (w) of that subsection, of the following new paragraph:-

“(x)

the profits and income not exceeding forty eight thousand rupees for any year of assessment, if the aggregate of such profits and income is not more than forty eight thousand rupees other than any employment income or any profits and income which is taxable at source as final tax, of any individual who is an employee and who is not engaged in any trade, business, profession or vocation, if tax is deducted from his employment income for that year of assessment.”.

Read on from s 5