அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
The Finance Act, No. 5 of 2005 (hereinafter referred to as the “principal enactment”) is hereby amended in section 2 of Part I of that Act (Imposition of Social Responsibility
Levy) as follows :—
(1)
by the repeal of paragraph (b) of that section, and the substitution therefor of the following new paragraphs :—
“(b)
for the period commencing on January 1,
2006 and ending on December 31, 2007 at the rate of 1 per centum ; and
(c)
for the period commencing on January 1,
2008 at the rate of 1.5 per centum.”; and
(2)
by the repeal of second proviso to that section and the substitution therefor of the following :—
“ Provided futher that the Social Responsibility Levy chargeable—
(a)
under the provisions of the Inland Revenue
Act, No. 38 of 2000, in terms of the provisions of this Part of this Act on income tax, shall, in respect of the period commencing on January 1, 2006 and ending on March 31, 2006 be calculated at the rate of 0.25 per centum ; and
(b)
under the provisions of the Inland Revenue
Act, No. 10 of 2006 in terms of the provisions of this Part of this Act on income tax shall—
(i)
in respect of the period commencing on
April 1, 2006 and ending on March 31,
2008 be calculated at the rate of 1.0 per centum ;
(ii)
in respect of the period commencing on
April 1, 2008 be calculated at the rate of 1.5 per centum ;.”.