ECONOMYNEXT – Sri Lanka’s top finance ministry and Inland Revenue Department official held a discussion to widen the tax net in the near future in order to increase the government revenue while reducing red tapes and simplifying the tax return filing process, the Island nation’s Finance Ministry said in a statement. The discussion, chaired by Deputy Minister of Economic Development Nishantha Jayaweera, saw the participation of the Commissioner General of the Department of Revenue Rukdevi Fernando and other senior officials. “It directed to take necessary measures to increase the compliance of the people to pay their taxes on their own…
Sri Lanka explores ways to widen tax net with easing red tape
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