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Sri Lanka Reduces Threshold for Social Security Contribution Levy Registration

FINANCIAL CHRONICLE — Sri Lanka is preparing to expand its tax base by reducing the registration threshold for the Social Security Contribution Levy (SSCL) through a proposed amendment to the SSCL Act No. 25 of 2022. This bill was published in a Gazette on February 27, 2026, and released on March 3, 2026, by the

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