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Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
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Revenue
Revenue
Insights and analysis of government revenue.
Revenue Foregone by Government Due to Tax Concessions
For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The...
From The PF Wire
Source:
Daily Mirror
Govt. revenue considerably up in first half amid t...
The government revenue in the first half of 2022 jumped the most in recent times as Value Added Tax (VAT) and a slew of other taxes were raised effective from June as part of broader fiscal sector reforms to end or at least limit the monetar...
Read More
Source:
Daily News
Worker remittance bleeding continues despite incen...
The worker remittance income plummeted in January, continuing the months-long bleeding in the largest foreign income earner to the country, reflecting that the incentives offered by the authorities haven’t been effective in wooing migr...
Read More
Source:
Daily FT
LKR 27 BN losses in excise revenue due to Covid si...
The Government has lost Rs. 27 billion in excise revenue this year due to the current COVID situation, Commissioner General of Excise M.J. Gunasiri has informed the Committee meeting on Public Accounts (COPA). He said that although the proje...
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Insight on Revenue
2023 Budget's revenue target missed by L...
The Ministry of Finance Annual Report, re...
Interest Costs Have Been Eating Up Reven...
In 2023, for the first time in history, t...
How did the government revenue rise by 5...
The Central Bank's Annual Economic Re...
Revenue Foregone by Government Due to Ta...
For the fiscal year 2022/23 (April to Mar...
Primary and Budget Balances move in oppo...
The Fiscal Management Report 2024 publish...
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently over...
VAT to reach 20 year high from January
The Cabinet recently sanctioned an increa...
Tax revenue misses IMF target in 1st qua...
According to the 2022 Annual Report from...
Why did Sri Lanka fall short of revised...
Sri Lanka mis...
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Featured
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR...
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Sharing the cost of the crisis: The need to restru...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Fi...
Read More
Revenue Foregone by Government Due to Tax Concessi...
For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The...
Read More