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  • Withholding Tax on Fixed Deposits Sri Lanka 2025 — Claim Your Refund
    Free calculator If you have fixed deposits or savings accounts in Sri Lanka, your bank is required to deduct Advance Income Tax (AIT) — commonly called withholding tax — on the interest earned From 1 April 2025, the AIT rate on interest income has increased to 10%, up from the previous 5%
  • Inland Revenue Department
    A withholding tax certificate should be issued in the name of the second-mentioned account holder, with the relevant schedules accurately reflecting the applicable portion of interest income
  • INLAND REVENUE DEPARTMENT
    Income tax payable for the Y A shall be calculated separately for two periods on the actual basis, but for following cases proportionate basis could also be applied
  • Withholding Tax on FD Interest Sri Lanka 2026 | FD Rates Blog
    Everything you need to know about the 5% WHT on FD interest in Sri Lanka - how it is deducted, who is exempt, real net return calculations, and what WHT certificates mean for your taxes
  • How Withholding Tax on Interest Is Charged in Sri Lanka From April 2025 . . .
    As of 1st April 2025, the Sri Lanka Inland Revenue Department (IRD) has updated its rules regarding Withholding Tax (WHT) on interest income Whether you’re an individual saver or a business with fixed deposits, understanding how this tax is applied is critical to managing your finances effectively
  • Tax Comparison of Different Investments in Sri Lanka - CAL
    Fixed Deposits and Unit Trust Funds are taxed at 10% WHT*, with their interest income also liable for additional income tax However, in Unit Trust Funds, you are liable for the additional income tax only on Realized Earnings — i e , only on the redemptions, and not on unrealized earnings
  • Tax Advisor - Instant Tax Solutions :: - Simplified Guide to New Tax . . .
    Below, we explain the rules in a clear, point-wise format, illustrate their impact on resident depositors with practical examples, and cover all key details to help you understand the changes The full document is linked at the end
  • Special Notes | Fintech | Dialog Finance
    If you are a Sri Lankan resident and your assessable income (from all sources) does not exceed Rs 1,800,000, you may be eligible for relief from AIT on your interest income by submitting a self-declaration to your bank or financial institution
  • Fixed deposit withholding tax in Sri Lanka: what savers should check
    A calculator estimate is useful for planning, but your final tax position can depend on current law, exemptions, declarations, and your own income situation Confirm tax treatment with the bank or a qualified adviser before making a final decision
  • Withholding tax guide for fixed deposits | RateHive
    How to think about gross interest, net interest, and a 5% withholding tax planning view for Sri Lankan fixed deposits





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