Agriculture

Coconut Manufacturers Urge Action Against Rs. 5 Billion Tax Evasion by Importers

The All Ceylon Traditional Coconut Manufacturers Association has raised concerns about substantial economic losses, alleging tax evasion by importers amounting to Rs. 5.

  • January 7, 2025
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Economics

Tax Evasion Costs Sri Lanka Rs.80 Billion in 2023, IPS Study Finds

A recent study by the Institute of Policy Studies (IPS) reveals that the Sri Lankan government lost an alarming Rs.80 billion in tax.

  • October 11, 2024
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Economics

Sri Lanka Targets 40% Direct Tax Collection by 2025

Sri Lanka aims to increase direct tax collection to 40 percent by 2025 from the current 30 percent, through expanded tax nets and.

  • July 19, 2024
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