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Try out our new income tax calculator and check out how much taxes you would be paying in different tax structures
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Income Tax Calculator
Try out our new income tax calculator and check out how much taxes you would be paying in different tax structures
Featured Insight
Income Tax Calculator
Try out our new income tax calculator and check out how much taxes you would be paying in different tax structures
Featured Insight
Income Tax Calculator
Try out our new income tax calculator and check out how much taxes you would be paying in different tax structures
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Revenue
Revenue
Insights and analysis of government revenue.
Earnings from Tourism: Are we getting it right?
Sri Lanka is expecting the earnings from tourism to play a significant role in driving the recovery of Sri Lanka’s foreign currency. However, there are important concerns accuracy of the estimated earnings from tourism....
From The PF Wire
Source:
economynext
Sri Lanka cuts tea export tax, abolishes regulatio...
Sri Lanka has cut an export tax on tea to 3 rupees a kilogram and abolished a regulation issued in 2010 dealing with the collection and use of the money for promotions, according a government notice.
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Source:
economynext
Sri Lanka starts process to turn undisclosed asset...
The move is to encourage people with undisclosed income and assets to invest them after paying a 1 percent ‘tax on voluntary disclosure.’
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Source:
DailyFT
Tax concessions for 2 major projects to get Parlia...
Parliament will take up for debate two Orders under the Strategic Development Projects Act in Parliament today. The debate will look into the viability of granting tax concessions to two investment projects – the Colombo International Financial Centre and Ceylon T...
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Insight on Revenue
Sri Lanka’s Fiscal Performance (2020 vs...
The latest figures released by the Ministry of Finance show that the f...
Sri Lanka’s already lagging Tax to GDP r...
Sri Lanka’s Tax/GDP ratio has been declining with further declin...
The budget deficit has increased in 2019...
The recently released figures for 2019 show that government revenue ha...
Consistent revenue shortfalls lead to mo...
The deviation in government revenue from...
Changes in Special Commodity Levy (SCL)...
On 22 May 2020, Sri Lanka made changes to...
Cigarette Taxes: The cost of failure
The Government proposed a policy to syste...
Cigarette Taxation: 20 Billion Extra Rev...
The Government could raise an extra Rs. 2...
Sri Lanka’s Fiscal Outlook 2020
The International Monterey Fund estimates...
Tax Revenue Categories
How could COVID-19 affect government reve...
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Featured
Is the Pandemic the Sole Cause for the Depletion i...
Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with
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IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Completion of Past IMF Programmes in Sri Lanka
Since becoming a member of the IMF in 1950 Sri Lanka has entered into 16 programs with the IMF. The infographic shows Sri Lanka’s completion of the programs.
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