Financial Times

Tax cards end of the month
The Sri Lanka National Council for Economic Development (NCED), towards creating a positive tax culture in Sri Lanka, is launching a 'Privilege Card' together with the Department of Inland Revenue for individual tax payers. Gold Privilege Cards will be given to citizens who paid Rs 1 million or more and for non-citizens who paid Rs 2 million or more for the tax year 2003/4 and Silver Privilege Cards for citizens who paid between Rs 500,000 to Rs 1 million and for non citizens who paid between Rs 1 million to 2 million for the tax year 2003/4.

"This card is especially to encourage and recognise individuals who declare their proper taxes and pay their income tax on time" said R. P. L. Weerasinghe, Commissioner General, Department of Inland Revenue and co-chair, NCED Tax Cluster, in a statement.

The Department of Inland Revenue the owners of this project is offering a range of benefits for the privilege cardholders from VIP treatment at Immigration and Emigration counters in the Bandaranaike International Airport, pre-approved credit cards from the state banks with many other facilities, overdraft facilities and housing loan facilities at the state banks, privileged treatment at the Inland Revenue and priority status at all state institutions.

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