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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 7: The government has changed the income tax rates for the new fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 7: The government has changed the income tax rates for the new fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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include - APP/View/Articles/view.ctp, line 241
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June 7: The government has changed the income tax rates for the new fiscal year. Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 7: The government has changed the income tax rates for the new fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 7: The government has changed the income tax rates for the new fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The IRD said the provision of one percent tax is not applicable for the taxpayers having their firm registered independently, and the contributors to the pension income, pension fund and the contribution-based Social Security Fund. -- RSS</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the IRD, an unmarried person having annual income of more than Rs 3 million should pay tax of Rs 745,000 while the married person has to pay Rs 716,000. </span><br />
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">Following the announcement of the new annual budget by the Minister for Finance on May 29, the Inland Revenue Department (IRD) has released the new tax rates to be paid in the Fiscal Year 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried individual has to pay one percent tax for up to Rs 500,000 income while the married couples will have to pay the same amount of tax for income up to Rs 600,000 per annum. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, both the married and unmarried people are entitled to 10 per cent tax for income between Rs 600,000 to Rs 800,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 20 per cent tax is imposed on income ranging from Rs 800,000 to Rs 1,100,000. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the department, an unmarried person has to pay 20 per cent tax for income between Rs 1 million to Rs 2 million while a couple earning Rs 1.1 million to Rs 2 million has to pay 30 per cent tax. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, those earning more than Rs 2 million per annum should pay tax equal to Rs 360,000. </span><br />
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View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117