Sri Lanka · 2027Budget 2027 · Sri Lanka
Income tax calculator
Enter your salary to see your tax under the proposed 2027 slabs, compared with today's rates.
Rs.
Tax under Budget 2027
Rs. 6,250
/ month · 2.5% effective
Tax at current rates
Rs. 8,000
/ month
You save
Rs. 1,750
/ month · take-home Rs. 243,750
Your breakdown (2027 slabs)
| Monthly slab | Rate | Income in slab / month | Tax / month |
|---|---|---|---|
| Up to Rs. 162,500 (tax-free) | 0% | Rs. 162,500 | Rs. 0 |
| Rs. 162,500 – Rs. 233,333 | 6% | Rs. 70,833 | Rs. 4,250 |
| Rs. 233,333 – Rs. 283,333 | 12% | Rs. 16,667 | Rs. 2,000 |
| Rs. 283,333 – Rs. 333,333 | 18% | Rs. 0 | Rs. 0 |
| Rs. 333,333 – Rs. 383,333 | 24% | Rs. 0 | Rs. 0 |
| Rs. 383,333 – Rs. 433,333 | 30% | Rs. 0 | Rs. 0 |
| Above Rs. 433,333 | 36% | Rs. 0 | Rs. 0 |
Based on Budget Speech 2027 (Annex V 1.1): tax-free threshold Rs. 1,950,000/year, 6% on the next Rs. 850,000, then Rs. 600,000 bands at 12%, 18%, 24% and 30%, and 36% above. Assumes employment income only. Proposals take effect once enacted — check with the Inland Revenue Department for your final liability.