π Summary
Sri Lankaβs ambitious tax reform programme has delivered its strongest revenue performance in years, but an emerging warning from policy analysts suggests that the Inland Revenue Department (IRD) may be reaching the limits of reform without fundamental institutional change. Government revenue climbed to 16.7% of Gross Domestic Product (GDP) in 2025, almost doubling from the [β¦] The post Sri Lankaβs Tax Reform Drive Faces Institutional Weaknesses despite Revenue Surge appeared first on Lankanews.lk .