#Inland Revenue Department
Sri Lanka
Defaulted taxes and penalties surge to Rs. 175.6 Bn in 2024 – IRD
The Inland Revenue Department (IRD) has reported that Sri Lanka’s total collectable tax defaults and penalties reached Rs. 175.6 billion by the end...
Sri Lanka
IRD issues tax identification numbers to 9 million
The Inland Revenue Department has issued Taxpayer Identification Numbers (TINs) to approximately 9 million individuals who had not applied for them. At a...
Sri Lanka
New tax regulations take effect from today – IRD
Individuals earning less than Rs. 1.8 million annually can now claim relief on the advance income tax (AIT) charged on interest or discounts...
Sri Lanka
The bitter truth of IRD’s collection of remarkable revenue
A letter from the Commissioner General was recently published in the media, stating that the highest tax revenue in the history of domestic...
