Browsing Econ by Subject "Personal income tax - Tax free threshold"

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Personal Income Tax (PIT): SL has the highest level of income with zero tax in South Asia

Public Finance Infographics;
Econ Team (Colombo: Verite Research, 2024)

Sri Lanka has the highest tax-free income threshold in South Asia – without the Maldives. Citizens are exempt from paying income tax unless they earn over LKR 1.2 million annually (LKR 100,000 per month). In comparison, ...