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Billions Frozen for Years Expose Deep Weaknesses in Tax Administration

Source: Lanka News
Category: Technology
Region: Sri Lanka
Published: August 17, 2026 at 04:22

๐Ÿ“ Summary

Hundreds of billions of rupees in Sri Lankan tax arrears have remained unresolved for years, exposing serious weaknesses in the systems used by the Inland Revenue Department (IRD) to track, classify and recover unpaid taxes, according to a special audit by the Auditor General. The audit found that Rs. 639.070 billion recorded in the Revenue [โ€ฆ] The post Billions Frozen for Years Expose Deep Weaknesses in Tax Administration appeared first on Lankanews.lk .

๐Ÿ”— Read Full Article at Lanka News โœจ Extract Article
๐Ÿท๏ธ Keywords:
billions years weaknesses frozen expose deep administration revenue audit hundreds

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