2026 IRD Tax & Statutory Assessment
LKR 175,000 Salary Tax, EPF & ETF Breakdown in Sri Lanka
For an employee earning LKR 175,000 gross basic salary per month (or LKR 2,100,000.00 per year), your net take-home salary is LKR 159,500.00 after APIT income tax and employee EPF deductions.
Gross MonthlyLKR 175,000.00
Monthly APIT TaxLKR 1,500.00
Employee EPF (8%)LKR 14,000.00
Net In-Hand PayLKR 159,500.00
Employer Statutory Liability: EPF 12% (LKR 21,000.00) + ETF 3% (LKR 5,250.00) = LKR 26,250.00/mo
Total Cost to Company (CTC): LKR 201,250.00/mo
Salary & Earnings Input
Instant APIT Income Tax & EPF/ETF computation (2026 IRD)
LKR (Rs.)
Rs.
Quick Salary Benchmarks:
Net Take-Home Pay (Monthly)
In-Hand SalaryLKR 159,500.00
Annual Take-Home Equivalent: LKR 1,914,000.00
APIT Tax
0.86% Eff.LKR 1,500.00
Taxable: LKR 25,000.00
Employee EPF (8%)
RetirementLKR 14,000.00
Deducted from gross pay
Employer (15%)
EPF+ETFLKR 26,250.00
Total CTC: LKR 201,250.00
Tax Slab Breakdown (Monthly)
Official Sri Lanka IRD Tax Brackets (2026 Assessment)
| Tax Slab | Rate | Taxable in Slab (Mo) | Tax Charged |
|---|---|---|---|
| Tax-Free Relief | 0% | LKR 150,000.00 | LKR 0.00 |
First LKR 1,000,000 (6%) | 6% | LKR 25,000.00 | LKR 1,500.00 |
Next LKR 500,000 (18%) | 18% | LKR 0.00 | LKR 0.00 |
Next LKR 500,000 (24%) | 24% | LKR 0.00 | LKR 0.00 |
Next LKR 500,000 (30%) | 30% | LKR 0.00 | LKR 0.00 |
Balance above LKR 2,500,000 (36%) | 36% | LKR 0.00 | LKR 0.00 |
| Total APIT Tax Payable (Monthly): | LKR 1,500.00 | ||
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Frequently Asked Questions
Sri Lanka Salary & APIT Tax Guide (2026)
Everything you need to know about IRD APIT tax rules, EPF (8%), Employer EPF (12%), and ETF (3%).
Under the Sri Lanka Inland Revenue Department (IRD) regulations for Year of Assessment 2026, the annual personal tax relief is LKR 1,800,000 (equivalent to LKR 150,000 per month). Any individual earning up to LKR 150,000 gross monthly salary pays 0% APIT tax.