November 18, 2024
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    False information regarding the imposition of surcharges on the Employees Provident Fund and the Employees trust Fund

    February 15, 2022

    False information regarding the imposition of surcharges on the Employees Provident Fund and the Employees Trust Fund


    The Minister of Finance informed that the Employees Provident Fund and the Employees Trust Fund are not included in the 2022 budget proposal regarding the imposition of a 25% surcharge on individuals and companies with a net profit of over Rs. 2000 million for the year 2021. He further said the protests by some parties in this regard are baseless.

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