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ElaKiri Talk!
Income Tax Rates???
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<blockquote data-quote="Mayan19" data-source="post: 19389056" data-attributes="member: 300550"><p><span style="font-size: 15px"><span style="color: SeaGreen">thanks bro, man beluwa RFC accounts gena, </span></span></p><p><span style="font-size: 15px"><span style="color: SeaGreen"></span></span></p><p>Benefits of a Foreign Currency Account</p><p>All you need is US $ 25 or equivalent to open an NRFC account and US $ 500 or equivalent to open a RFC account.</p><p><span style="color: DarkRed">Interest income is exempt from Income Tax and Withholding Tax</span></p><p><span style="color: DarkRed"></span>Interest is calculated on a daily basis and credited to your account quarterly.</p><p>Gain when your chosen currency appreciates against the Rupee.</p><p>Set up regular or occasional standing orders to a third party account in rupees or in your chosen currency.</p><p>Higher Returns on your Foreign Exchange</p><p>Immediate access to credit facilities at preferential rate against the security of foreign currency deposit up to 90% of the prevailing value in Sri Lanka rupees while the deposit continues to remain in foreign currency and earn interest. This amount will be automatically available to those who maintain more that US$5,000 or equivalent in their accounts</p><p></p><p><span style="font-size: 15px"><span style="font-size: 15px">othana kiyala tiyenne tax walin free wenne interest eka kyala witarane neda? :O</span></span></p></blockquote><p></p>
[QUOTE="Mayan19, post: 19389056, member: 300550"] [SIZE="4"][COLOR="SeaGreen"]thanks bro, man beluwa RFC accounts gena, [/COLOR][/SIZE] Benefits of a Foreign Currency Account All you need is US $ 25 or equivalent to open an NRFC account and US $ 500 or equivalent to open a RFC account. [COLOR="DarkRed"]Interest income is exempt from Income Tax and Withholding Tax [/COLOR]Interest is calculated on a daily basis and credited to your account quarterly. Gain when your chosen currency appreciates against the Rupee. Set up regular or occasional standing orders to a third party account in rupees or in your chosen currency. Higher Returns on your Foreign Exchange Immediate access to credit facilities at preferential rate against the security of foreign currency deposit up to 90% of the prevailing value in Sri Lanka rupees while the deposit continues to remain in foreign currency and earn interest. This amount will be automatically available to those who maintain more that US$5,000 or equivalent in their accounts [SIZE="4"][SIZE="4"]othana kiyala tiyenne tax walin free wenne interest eka kyala witarane neda? :O[/SIZE][/SIZE] [/QUOTE]
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