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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

Taxpayer identification number mandatory for motor traffic services from April 2025

The Department of Motor Traffic (DMT) has announced that individuals will be required to provide their Taxpayer Identification Number (TIN) to access its...

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

Govt. eyes temple tills

The government is considering whether it could utilize the funds donated to the tills at leading temples and devales for the development of...