2020 - Table D
Tax on tax rate in respect of all categories of employees on monthly tax.
Source : Table 2
Mr. Perera’s gross remuneration for the period from 01.01.2020 to 31.03.2020 was 2,600,000/-. Employer has undertaken to pay his tax without deducting from his
remuneration.
Computation of tax payable by the employer is as follows:
Tax payable on Rs. 2,600,000 for the period (as per Table 01) Rs.198,000
Add- Tax on Tax at 21.95% of Rs. 198,000 (as per Table 02) Rs.43,461
Total income tax payable for the period by the employer Rs.241,461
