Tax revenue up Rs.100 b: Govt.

Media Minister Gayantha Karunathilaka yesterday claimed that tax revenue has increased by Rs. 100 billion as of this year.

Quoting a Finance Ministry report, the Minister told the media yesterday that tax revenue has increased by 22%, and taxes related to excise and customs have increased by 22% and 40% respectively.

The outstanding institutions, which have reported the highest tax income during this period, are the Inland Revenue Department, Excise Department, and the Sri Lanka Customs, Minister of Finance Ravi Karunanayake has informed the Cabinet of Ministers.