- VAT to be increased from 8% to 12%
- Telecom Levy to be increased from 11.25% to 15%
- Reduction of Personal Income Tax relief from Rs. 3 Million to Rs. 1.8 Million
- Impose Withholding Tax (WHT) on service payments exceeding Rs. 100,000
- Corporate Income tax to be increased from 24% to 30%
- VAT registration threshold reduced from Rs. 300 Million to Rs. 120 Million
Yes, I was just commenting on new PAYE (they have a different name now) tax.

