This list of people must be registered with the Inland Revenue Department

An extraordinary gazette notification is issued making it mandatory for persons belonging to 14 categories to register with the Inland Revenue Department (IRD), including any person with an income about Rs. 100,000.

President Ranil Wickremesinghe as the Minister of Finance, Economic Stabilization and National Policy has issued this gazette announcement yesterday (31 May).

According to this gazette notification, employees whose monthly contribution from both the employee and employer exceeds Rs.20,000 to any provident fund are also required to register with the Inland Revenue Department.

Accordingly, the government has made it mandatory for professionals belonging to the following 14 categories to register with the Inland Revenue Department with effect from today (June 01).

1. Sri Lanka Medical Council (SLMC) registered doctors
2. Members of the Institute of Chartered Accountants of Sri Lanka
3. Members of the Institute of Certified Management Accountants of Sri Lanka
4. Members of Sri Lanka Institute of Engineering
5. Members of the Professional Bankers Association
6. Members of the Sri Lanka Institute of Architects
7. Members of the Institute of Quantity Surveyors of Sri Lanka
8. Advocates of the Supreme Court of Sri Lanka
9. Individuals who have registered their businesses in the Divisional Secretariat Offices
10. Persons in possession of vehicles (other than three-wheelers, motorcycles and hand tractors) registered with the Motor Transport Department
11. Persons who have purchased or acquired any immovable property in Sri Lanka by deed on or after 01 April 2018
12. Persons with the monthly contribution of both the employee and the employer to any provident fund is Over Rs. 20,000
13. Any person who obtains approval for a building plan from a local authority
14. Any person who receives a payment of Rs.100,000 per month or Rs.1,200,000 for a period of 12 months for providing any service in Sri Lanka.

This Gazette has been issued in accordance with the powers assigned to the President under Sub-section 03 of Section 102 of the Inland Revenue Act No. 24 of 2017.