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PIN Validity period for submission of tax returns for 2024/2025 extended

  • CNL Reporter
  • August 4, 2025
  • Political
  • Tax
  • 0 Comments

The validity of the Personal Identification Number (PIN) issued by the Inland Revenue Department for the submission of income tax returns for the year of assessment 2024/2025 has been extended.

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Sri Lanka’s tax revenue surpassed Rs 1.7 trillion by end of May

  • CNL Reporter
  • June 4, 2025
  • News
  • Tax
  • 0 Comments

Sri Lanka’s tax revenue collection has surpassed Rs 1.7 trillion by end of May as the revenue collection agencies have

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New tax regulations take effect from today

  • CNL Reporter
  • April 1, 2025
  • News
  • Tax
  • 0 Comments

The Inland Revenue Department has announced that individuals earning less than Rs. 1.8 million annually can now claim relief on the advance income tax (AIT) charged on interest or discounts from deposits.

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Tax fears likely fueling Sri Lanka’s cash surge, hindering digital shift

  • CNL Reporter
  • March 6, 2025
  • News
  • Tax
  • 0 Comments

The fear of taxation may be contributing to the recent increase in cash circulation, highlighting Sri Lanka’s long journey towards a less cash-dependent society.

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