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COLOMBO (News 1st); Sri Lanka's Inland Revenue Department announced that it collected a record tax revenue of Rs. 1,550.6 Billion in 2023.
It said that this figure is 104% of the revenue target set for the Department in that year.
The Inland Revenue Department went on to note that the overall revenue collected in 2022 was 861 Billion rupees, and the department has succeeded in raising the revenue by 80% to 1,550.6 Billion in 2023.
Full Statement Below:
