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Inland Revenue exceeds 70% of annual tax target
The Inland Revenue Department has collected Rs. 1,417 billion in taxes by September 30, 2024, surpassing 70% of its annual goal of Rs. 2,024 billion. Commissioner General Sepalika Chandrasekara however said that some taxpayers under the self-assessment payment system still owe taxes. Accordingly, starting today, the department officials will visit these taxpayers to expedite the collection of outstanding dues.
Comments - 31
Comments - Inland Revenue exceeds 70% of annual tax target
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Rip Winkle Sunday, 06 October 2024 03:16 PM
No surprise as big time tax evaders like distillery companies were finally forced to to pay up. Hat's off to AKD and company!
33 104
Well done AKD and Company Sunday, 06 October 2024 04:31 PM
@ Rip Winkle - This is not an achievement of AKD and his company. This is due to the prudent tax administrative measures taken by Hon Ranil Wickremasinghe and his government. The statistic is as of 30 September. The presidential election took place on 21 September, remember? This aptly shows the mentality of the NPP supporters. Aney, will the gods even think of blessing my country?
73 47
NEVER UNDER ESTIMATE THE POWER OF PRAYER Sunday, 06 October 2024 10:05 PM
SOME OF YOU WHO BRING ANURA DOWN, NEED TO BE BLESSED BEFORE THE COUNTRY. ANURA HAS HIS TEAM WORKING ON THE ISSUES THAT NEED TO BE ADDRESSED. RANIL!!! TWO YEARS WENT BY AND MONIES START FLOWING IN!! LET US SEE IF THE 70% CAME IN BEFORE OR AFTER THE 21ST. KEEP PRAYING ALL THOSE OF FAITH WHO SUPPORT ANURA/NNP AND THEIR ADVISORS/LEGAL TEAMS.
13 29
C Fernando Sunday, 06 October 2024 11:04 PM
Just shows the sheer ignorance of the AKD culties if they think that IRD collected these taxes in the 9 days between September 21st and September 30th, all due to their God AKD descending from heaven and being elected President! With ignoramuses like this, what hope is there for Sri Lanka!
1 6
Alisten Monday, 07 October 2024 12:26 AM
Where did they go all these days, why cannt government make a policy of publishing quarterly all tax offenders and any one who owes taxes more than 10 million to pulic. News agencies should be able to get the list from tax. Office and publish.whejre did Ranil went all these years .
1 2
Voter Monday, 07 October 2024 05:41 AM
The prudent tax measures you refer to are a requirement of the IMF program and is not RW's brainchild. Don't forget, RW has been in politics/governance for over 50 years. Do you really think he came up with this 'prudent tax measure' after all this time?
1 6
wickrama Wijayasiri Monday, 07 October 2024 05:53 AM
Praising and thanking RW is like the proverbial; Someone steals your wallet, then buys you a bus ticket, with you saying Thank You SIR. Who made the county go bankrupt? Who stole the money from the CBSL with the Bond Scam?? Who let the crooks out one by one, with Cabraal??? The relentless expose's on the legislative floor single handed by AKD helped, didn't it? Who made some Sri Lankans to live on trees, as reported? The people who benefitted from the nepotism of RW and the Clan are crying foul now. It is a matter of time before you all are caught.
1 5
Rathnavali Sunday, 06 October 2024 04:37 PM
So they collected all that from 22 Sep. up to now in just 10 days! What nonsense! This is due to the tax collection measures introduced by RW and now the benefits are reaped. People threw him out and now AKD can get the credit for RW's efforts. All good. Without slinging mud at RW, please show your gratitude to the former President.
35 28
Be Fair Sunday, 06 October 2024 04:44 PM
DCSL under Harry J has been paying taxes. Better get your bearings calibrated
13 14
Christo255 Sunday, 06 October 2024 05:37 PM
Rip Winkle sleeping, distillery companies were given another concession of a 60 day grace period. They have to pay taxes by 30th November and the poor citizens were warned of the consequences of not paying by 30th September. Who knows what more they will get after the general election win by NPP
14 15
KD Sunday, 06 October 2024 06:22 PM
what AKD. This is done before he came to power.
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SP Monday, 07 October 2024 02:53 AM
Only 2 weeks and it’s AKD AKD. Debt restructuring successfully completed in record time it’s AKD. Revenue up in record amounts it’s AKD. Foreign reserves up it’s AKD. Tourism and foreign remittances up it’s AKD. So last two years Ranil and his team have been sitting on their laurels and doing nothing! Only thing we can see is we are still the old Sri Lanka - Gotabaya ‘wall painters’ have now turned into AKD worshippers!
1 8
Namal Monday, 07 October 2024 04:53 AM
It looks like some people brings out the stupidity out. Ranil and Dr Nandala Weerasinghe did bring back the Sri Lanka Economy back to a stable condition. Common don't be blind appreciate the fact that RW government has done something good for the country, if not the 25% poverty rate would have gone up to 50% and rule of the jungle would have prevailed. Sri Lanka can do it now, because of RW and NW. AKD is taking the batten from where it was left that is all.
2 5
Man Monday, 07 October 2024 07:30 AM
@ Rip Winkle - Mr. Pubudu Jagoda explained about the JVP by not taking priority in taking action against Aloysiuous' (58%) and Johnston's (37%) distilleries of 95% of tax of 6.7 Billion. Why didn't they cancel their licenses as no legal action required? Failed as with IMF as no alterations could be done in favour of SL.
0 5
D P P Prasad Sunday, 06 October 2024 03:29 PM
But certain crooks are still evading the payment of taxes that are due to the inland revenue department. The owners of the distilleries the gamblers and the shrewd importers among them. Therefore the inland revenue officers should make a special detection so that the such racketeers are rounded up
1 30
Tissa Fernando Sunday, 06 October 2024 11:30 PM
We thought that you NPP Prasad will collect taxes from the defaulters. Didn't you promise that? But you are quick to take credit for everything RW did whe you guys really protested when he was doing it.
3 2
Tissa Fernando Sunday, 06 October 2024 11:30 PM
We thought that you NPP Prasad will collect taxes from the defaulters. Didn't you promise that? But you are quick to take credit for everything RW did whe you guys really protested when he was doing it.
3 1
Man Monday, 07 October 2024 07:50 AM
Mr. Pubudu Jagoda explained about the JVP by not taking priority in taking action against Aloysiuous' (58%) and Johnston's (37%) distilleries of 95% of tax of 6.7 Billion. Why didn't they cancel their licenses as no legal action is required? Failed as with IMF as failed to get any favourable alteration.
0 4
Kirihāmi Sunday, 06 October 2024 03:38 PM
Could it be around 170% if the well-connected high-profile tax dodgers were caught before the year ends?
1 26
Man Monday, 07 October 2024 07:51 AM
Mr. Pubudu Jagoda explained about the JVP by not taking priority in taking action against Aloysiuous' (58%) and Johnston's (37%) distilleries of 95% of tax of 6.7 Billion. Why didn't they cancel their licenses as no legal action is required? Failed as with IMF as failed to get any favourable alteration.
0 3
Sivarajah Sunday, 06 October 2024 04:26 PM
we expect AKD to ensure all the defaulters are made to pay up all the arrears On self assessed persons banks are remitting 5% AIT from the interest paid on all the deposits and its a child"s play to trace the people who are not paying the 95% of the balance tax as IRD has the relevant information obtained from the banks Is IRD so weak and unable carry out this basic function ???????
2 19
Ananda Weerasekera Sunday, 06 October 2024 07:01 PM
The power of will of the people-friendly government. The govt will not run short of 2/3 majority in the House!
5 21
Man Monday, 07 October 2024 07:38 AM
See how keen NPP to relieve the downtrodden, starving people of about 7 M after making Sri Lanka possible, etc. They are keen to have more power (2/3) to make sure that Sri Lanka is a Marxist country like North Korea as it is their priority rather than disbanding executive presidency as per the NPP representative mentioned on the media. Opposition won't oppose good things, at any cost. SL heading for disaster unlike the 100 day programme that he praised.
1 3
Sambo Sunday, 06 October 2024 07:22 PM
That is still not sufficient. If the public pays tax on every kilo of sugar and packet of milk at the time of purchase, then why not these millionaire business men.
0 24
Perera Sunday, 06 October 2024 10:21 PM
As a senior citizens,we sold all our assets in rural area ,rent a house in town, deposited balance in fixed deposits, now interest is low, and government heavily taxing that low interest too, politicians looted nation’s wealth,but we force to pay their sin
1 35
Voter Monday, 07 October 2024 08:42 AM
Well, who voted in the politicians that looted all the nation’s wealth? Oh we all did…
0 0
Mori Sunday, 06 October 2024 11:02 PM
But hundreds of liquor bottles smuggled out of the Airport through customs every day and night...that can be stopped and stopping such smuggling can bring more revenue to the department...
0 3
Expat Monday, 07 October 2024 02:15 AM
A Big portion of balance 30% may belong to professionals who migrated in last 2 years.
0 0
Roberta Flack Monday, 07 October 2024 05:22 AM
Collecting tax revenues is good and also right. But please make sure that people who file their tax returns responsibly also get their annual refunds. The tax department must know that people for tax payers to act responsibly the department must learn to be responsible first.
0 3
J.P. Nimal Ratnayake - [Attorney-at-Law] Monday, 07 October 2024 08:24 AM
Please follow up all SLPP Ex-Ministers, Ex-MPs. they have multi-illegal businesses and never paid any tax. Example: Kehliya Rambukwella, Mahinananda, Namal, Basil, Mahinda, Aluthgamage, Ratharang, Jonny, Bandula etc., [I know everything as I was with them those days]
0 3
Professor K.A. Araiyaratne Monday, 07 October 2024 08:27 AM
Great achievement by AKD. Great job indeed and I suppose none of the previous Presidents achieved these marks in the past but played out with wrong dealings earning for their pockets to feed their family for decades.
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