CNCI plans seminar on New IR Act on 19 July

Wednesday, 18 July 2018 00:00 - - {{hitsCtrl.values.hits}}

The Ceylon National Chamber of Industries (CNCI), the pioneering industry chamber in the country has scheduled a full day seminar on ‘New Inland Revenue Act – Operational perspectives on the Private Sector’ to be conducted on 19 July from 9 a.m. to 4:30 p.m. at Hotel Taj Samudra, Colombo.

The Inland Revenue Act published by Gazette on 19 June 2017 along with amendments made at the committee stage was passed by parliament on 7 September 2017. It has been effective from 1 April 2018. The CNCI has understood the need of all the organisations in the mercantile and banking sectors to be thorough with any changes in the new IR Act for their operational commitments. CNCI also believes that the organisations in other sectors as well as the relevant & interested individuals too have the need of knowing the changes imposed by the new Act.

Since the New Inland Revenue Act is now in implementation (with effect from 1 April 2018) many companies do have issues and unclear areas to get cleared. The scheduled seminar will cover the salient parts of the new IR Act and also will give room for the participants to clear any doubts by the experienced resource persons.

The seminar will be conducted by Athula Samaraweera (B Sc, FCA, FCMA, FMAAT), Member of the Tax Committee of CA Sri Lanka, Hiranthi Ratnayake (B Sc, FCA), Alternate Chairperson – Tax Committee of CA Sri Lanka and Director – PricewterhouseCoopers and Niranjale Jayasekera (B Sc – Applied Accounting), Partner R J Partners, who are having decades of experiences in the Field of Taxation and possessing very good training skills. Please contact Chamber Secretariat through [email protected] for registration and further details.

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