Rs. 961 billion in uncollected taxes!

Source: Sri Lanka Mirror

Category: General

Region: General

Published: August 09, 2026 at 16:13

📝 Summary

An audit report has revealed that the total outstanding taxes, penalties and interest that the Inland Revenue Department had been unable to recover as of 30 June 2024 amounted to Rs. 961.4 billion. As of 30 June 2024, income tax accounted for the largest share of outstanding tax arrears. Value Added Tax (VAT) accounted for […]

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🏷️ Keywords:

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