Tax Bracket | Range | Tax Percentage | Tax |
---|---|---|---|
Up to 1,200,000/12 | 0 - 100000 | 0% | LKR |
1st 500,000/12 | 100000 - 141667 | 6% | LKR |
2nd 500,000/12 | 141667 - 183334 | 12% | LKR |
3rd 500,000/12 | 183334 - 225001 | 18% | LKR |
4th 500,000/12 | 225001 - 266668 | 24% | LKR |
5th 500,000/12 | 266668 - 308335 | 30% | LKR |
Above 3,700,000/12 | 308335 - Infinity | 36% | LKR |