Increasing income tax threshold, minimum wage under consideration – Ali

Government is mulling lifting the income tax threshold and increasing the daily minimum wage but a decision would be based on the current analyses that are being undertaken by finance personnel, President Irfaan Ali yesterday announced.

“I am currently reevaluating our revenues; projected revenues; the economy based on its strength, to analyse a further adjustment in the minimum wage,” the President announced yesterday at a press conference held at State House.