Inland Revenue exceeds 70% of annual tax target

6 October 2024 02:53 pm Views - {{hitsCtrl.values.hits}} 11 Bookmark

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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 - 11

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!

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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?

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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.

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Be Fair Sunday, 06 October 2024 04:44 PM

DCSL under Harry J has been paying taxes. Better get your bearings calibrated

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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

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KD Sunday, 06 October 2024 06:22 PM

what AKD. This is done before he came to power.

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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

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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?

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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 ???????

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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!

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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.

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