It is reported that the Minister of State for Finance, Mr. Ranjith Siyambalapitiya, while speaking to the media in Ruwanwella area today (27) will issue a new circular to solve the problems faced by senior citizens with deposits of less than one lakh rupees in getting interest due to the withholding tax.
The Minister also mentioned that the hotline number 1944 has been set aside for asking information in this regard.
The minister further stated that according to the new circular, senior citizens with an annual interest income of less than Rs.100,000 will still be able to get their interest money even after a year has passed.