රාජ්‍ය මූල්‍ය දත්ත හා විශ්ලේෂණයන් සඳහා
නිදහස් හා විවෘත ප්‍රවේශය
data-chart
Government revenue set to rise by LKR 922 billion in 2025— What’s driving the increase?

VAT revenue is projected to rise by LKR 305 billion in 2025, driving one-third of the total increase in government revenue. It is the single largest revenue source, contributing 32 percent of the government’s total revenue. Of this, LKR 193 billion is expected from VAT on imports. Excise (Special Provisions) Duty is forecast to add LKR 215 billion, driven largely by motor vehicle duties, which alone are expected to contribute LKR 171 billion. Taxes on international trade and income tax are set to increase by LKR 174 billion and LKR 141 billion, respectively. Other taxes and levies will add LKR 51 billion, while non-tax revenue is expected to contribute LKR 37 billion.

Notes

Revenue includes tax and non-tax revenue, excludes grants and provincial council revenue. 

Sources 

Ministry of Finance, Sri Lanka "Detailed Approved Budget Estimates 2025" at https://www.treasury.gov.lk/web/detailed-approved-budget-estimates-2025 [last accessed 25 March 2025]. 

Research By: Chathuni Pabasara, Anushan Kapilan 

2025-03-25
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