President meets Customs, IRD officials: Discusses strategies on enhancing revenue generation

9 October 2024 08:40 pm Views - 2312

Colombo, October 09 (Daily Mirror)- President Anura Kumara Dissanayake held a key meeting today with senior officials from both the Sri Lanka Customs Department and the Inland Revenue Department on strategies to enhance revenue generation and improve operational efficiency within both departments, in line with the government’s broader economic mandate.

The President's Media Division (PMD) said during the meeting, officials from both departments presented the challenges they face in managing revenue and tackling tax evasion where they stressed the importance of strengthening coordination between the Inland Revenue Department (IRD) and Customs to effectively combat these issues. 

It was highlighted that better collaboration would ensure more robust enforcement of tax laws and prevent tax leakage, further boosting the country’s revenue collection.