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v2025

No change to medical specialists' income tax rate 

Refuting a claim made by Health Minister Rajitha Seneratne that the 24 percent income tax imposed on medical specialists would be reduced to 15 percent, the Ministry of Finance in a press release said that no such changes have been made. 

"The Ministry of Finance and Media wishes to say that no changes in the tax rate for the calculation of Income Tax or the PAYE tax has been made. The members of the Association of Medical Specialists held a discussion with the Minister of Finance and Media Mangala Samaraweera where agreement was reached to amend the process of the expenditure calculation for the purpose of income tax payment", Finance Ministry said.

Earlier today, Health Minister Rajitha Senaratne said that the income tax paid by specialist doctors has been reduced to 15 percent from 24 percent following a discussion with Finance Minister Mangala Samaraweera.

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