When is the Sri Lanka Budget 2027 speech?

12 November 2026, in Parliament. The Treasury's timetable has the second reading debate from 13 to 20 November and the committee stage running until 14 December. Dates in a parliamentary timetable can move, so check Parliament's notices if you are planning around one.

Will my salary tax change after the Budget?

Only if the speech says so and the change is then put into law. Today the first Rs 1,800,000 of a year's pay is tax-free, with the slabs shown above. A tax change from the Budget carries its own start date, often the beginning of a tax year, so a rate announced in November does not always apply to your December payslip. This page lists the start date next to each change.

What is the difference between the Budget speech and the law?

The speech sets out proposals. A rate or relief takes effect only when it is published in a gazette order or passed in an amending Act, each with its own date. That is why every change on this page shows whether it is proposed, gazetted or law.

Will the 50% vehicle import surcharge continue after 31 December 2026?

The current order, Gazette Extraordinary No. 2501/88, runs from 15 August to 31 December 2026. Nothing has been announced about what follows it. If the Budget speech covers it, the change will be listed under the vehicle option once it is announced.

Will public servants get another pay rise in 2027?

The third and final phase of the 2025 revision under Public Administration Circular 10/2025 is due on 1 January 2027. That is already decided and the salary increase calculator shows it. Anything the Budget adds on top will be listed here after the speech.

Where do the numbers on this page come from?

Under "The rules today", each figure is read from the same data file as the calculator it belongs to, so the two cannot disagree. Under "What the Budget changed", each item is copied from the speech or the Treasury's own summary and links to that source. Nothing is forecast.

Is this page official or tax advice?

No. It is an independent guide built from public sources. For a decision that costs real money, check the Inland Revenue Department, Sri Lanka Customs or the Treasury, or ask a qualified tax adviser.

Sri Lanka · Finance

Sri Lanka Budget 2027: What Changes for You

The Budget speech is on 12 November 2026. Pick your situation to see today's rules, then the changes once they are announced.

By Induwara Ashinsana· Co-Founder, Ryzera TechnologiesUpdated Oct 29, 2026

Budget 2027 for your situation

Speech 12 November 2026 · 12 November 2026

Pick the one that fits you

The rules today

Income tax on employment income, tax year 2025/26
Rs 1,800,000 a year tax-free, then first Rs 1,000,000 at 6%, next Rs 500,000 at 18%, next Rs 500,000 at 24%, next Rs 500,000 at 30%, the rest at 36%
Slabs apply to income above the personal relief.
Open the calculator
EPF and ETF
Employee 8%, employer 12%, ETF 3% paid by the employer
Open the calculator
VAT
18%, registration above Rs 60,000,000 a year
Open the calculator

What the Budget changed

Nothing has been announced yet. The speech is on 12 November 2026. Changes that affect you will be listed here after the speech, each with its source and start date.

Calculators for you

A Budget proposal is not law until it is gazetted or passed in an Act. Each change above shows which stage it has reached. Figures under "The rules today" come from the same data as the calculators.

How it works

This page does two jobs and keeps them apart. The first is to show the rules that apply today. The second is to list what the Budget changed, once the Minister has said it. Mixing the two is how a proposal ends up quoted as if it were law, so the page never does it.

The rules today. Each figure under that heading is read from the same data file as the calculator it belongs to: the income tax slabs from the tax calculator, the VAT rate from the VAT calculator, the EPF and ETF rates from the EPF calculator, the capital gains rate from the capital gains calculator, and the vehicle duty and surcharge from the import calculators. When one of those files changes, this page changes with it. There is no second copy to forget.

What the Budget changed. This list is empty until the speech. After it, each item is copied from the speech or from the Treasury's own summary, with a link to that source, the date it takes effect and a status. Nothing comes from a rumour and nothing is forecast.

From speech to law. The Budget speech is the second reading of the Appropriation Bill. It sets out the Government's plans. A tax rate, relief or duty changes only when it is published in a gazette order or passed in an amending Act, and each carries its own start date. Some take effect within days. Income tax changes often start at the beginning of a tax year, on 1 April. The status on each item says which stage it has reached.

The timetable below is the Treasury's, as reported on 12 July 2026.

12 November 2026Budget speech in Parliament, delivered by the President as Minister of Finance.
13 to 20 November 2026Second reading debate.
Until 14 December 2026Committee stage debates and amendments.

What this page does not do. It does not guess. If you want to see how a possible change would affect you, put the new rate into the calculator yourself. Every calculator on the site works with the figures you type.

Worked examples

Salary tax today

Monthly pay Rs 250,000→ Rs 8,000 a month

Yearly pay = Rs 3,000,000
Taxable after the Rs 1,800,000 relief = Rs 1,200,000
Tax for the year = Rs 96,000
Tax each month = Rs 8,000, take-home = Rs 242,000

Why the vehicle surcharge date matters

Toyota Aqua, CIF USD 12,000 at Rs 305→ Rs 442,677 more

Landed cost with the 50% surcharge = Rs 12,182,326
Landed cost without it = Rs 11,739,649
Difference = Rs 442,677

VAT on a purchase

Price before VAT Rs 100,000→ Rs 118,000

VAT at 18% = Rs 18,000
Price with VAT = Rs 118,000

Frequently asked questions

Sources & references

Rules checked on 2026-10-29. The speech list is updated after 12 November 2026.

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