The Inland Revenue Department (IRD) has announced a significant rise in taxpayer registrations, confirming that 200,000 new taxpayers have been added so far this year. In addition, 18,000 new companies have joined the tax system within the same period, according to Commissioner General Rukdevi Fernando.Addressing the media at the Government Information Department, Fernando noted that the IRD was assigned a revenue target that is 18% higher than last year. Despite the heightened goal, the department has already surpassed expectations.
She revealed that the IRD achieved its largest-ever weekly revenue collection recently, pushing total earnings past the Rs. 2 trillion mark. “To date, revenue collections stand at Rs. 2,080 billion,” she stated
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