New tax holidays up to ten years for investors View(s):The government has announced fresh tax holidays ranging from six to ten years for new investors in tourism, manufacturing, agriculture, and educational technologies, according to a new Treasury circular. Under the circular issued by President Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning and Economic Development, potential investors are expected to invest US$50 million to US$300 million with minimum local job creation requirements ranging from 100 to 250. For tourism and any other leisure-related new investments, the minimum investment is fixed at USD 300 million with tax holidays up to ten years. The investors are exempted from Corporate Income Tax (CIT) during the tax holiday period. Share This Post FacebookTwitterEmail × Send Email to FriendSend Please enter valid email WhatsappDeliciousDiggGoogleStumbleuponRedditTechnoratiYahooBloggerMyspaceRSS

Source: Sunday Times February 14, 2026 19:49 UTC