ECONOMYNEXT – Sri Lanka’s key revenue agencies is on track to exceed targets in 2025 and the budget deficit would be below the original target despite cyclone relief, Deputy Minister of Economic Development Nishantha Jayaweera said. The Inland Revenue Department is likely to exceed its target of 2,195 billion rupees by around 50 billion, Jayaweera told reporters Wednesday. The Department of Customs had already exceeded its 2,115 billion rupee target by 280 billion rupees and is likely to exceed the target by 280 billion rupees The Department of Excise is on track to exceed target of 228 billion rupees by…
Sri Lanka key revenue agencies to exceed tax targets by Rs400bn: Minister
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