Sri Lanka’s domestic revenue exceeds 70% of the annual tax target

Last Updated on October 8, 2024 9:10 am

The Inland Revenue Department has collected Rs. 1,417 billion in taxes by September 30, 2024, surpassing 70% of its annual goal of Rs. 2,024 billion. Commissioner General Sepalika Chandrasekara however said that some taxpayers under the self-assessment payment system still owe taxes. Accordingly, starting today, the department officials will visit these taxpayers to expedite the collection of outstanding dues.