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Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
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Revenue
Revenue
Insights and analysis of government revenue.
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000....
From The PF Wire
Source:
Daily Mirror
Higher taxes and economic growth drive SL’s budget...
Sri Lanka’s budget has significantly improved in 2024, with higher tax revenues driving a robust economic recovery, narrowing the budget deficit, achieving a primary surplus, and reflecting prudent fiscal manageme...
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Source:
The Morning
AS AT THE END OF AUGUST: Tax gains up by 30%
Sri Lanka's tax collection for January to August 2024 increased by 28.5%, reaching Rs. 1,229,245 million compared to Rs. 956,418 million in the same period of 2023, driven by new tax policies, economic improvement, and...
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Source:
The Island
UNDP: Rs 600 bn tax cut a huge mistake
The Opposition as well as several other parties alleged that the government had lost as much as Rs 600 bn due to the controversial decision to do away with a range of taxes including PAYE, NBT (Nation Building Tax), Withholding tax, Capital...
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Insight on Revenue
Sri Lanka's rubber product exports to th...
On 2 April, US President Donald Trump imp...
Sri Lanka's No. 1 export to the US faces...
On 2 April, US President Donald Trump imp...
Government revenue set to rise by LKR 92...
The approved budget estimates for 2025 pr...
Sri Lanka’s new personal income tax stru...
In his recent address to Parliament, the...
Tax policy proposals announced by the pr...
In his parliamentary speech on December 1...
Sri Lanka’s higher tax rate and lower re...
Sri Lanka's Corporate Income Tax (CIT...
Government revenue rose during the first...
During the first eight months of 2024, go...
Sri Lanka’s generous tax-free personal i...
Sri Lanka has the highest tax-free income...
Sri Lanka’s quick climb to the top perso...
Sri Lanka imposes its highest tax rate at...
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Featured
The Best Next Step for Improving Tax Collection
This article was compiled by Sumini Siyambalapitiya. Sumini Siyambalapitiya is a former Lead Analyst in the Economics team of Verité Research and se...
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Sanitary Napkins: Subjected to Unreasonably High T...
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and gol...
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Government revenue set to rise by LKR 922 billion...
The approved budget estimates for 2025 projects Government Revenue to increase to LKR 5,012 billion. This includes non-tax revenue but excludes provincial revenue and grants. The figure marks an increase of LKR 922 billion—or 23 percen...
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