Numbers.lk
With real GDP in 2023 estimated at ~ $75 billion, let's assume it reaches around $85 B by 2026. At an exchange rate of 300 LKR/USD, the target revenue of the tax will be Rs. 100 billion+.
🇱🇰 13 Million TINs, but How Many People Know Theirs?⭕ The IRD says over 13 million of Sri Lanka 🇱🇰's estimated 17 million eligible adults already have TINs (76%). That sounds impressive on...
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⭕ Since September 2024, the only effective tax reduction has been the increase in the annual income tax-free threshold from Rs. 1.2 million⭕ Since September 2024, the only effective tax reduction has been the increase in the annual income tax-free threshold from Rs. 1.2...
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