In his budget speech, Sri Lankan President Anura Kumara Dissanayake emphasized the collective responsibility of all stakeholders in ensuring effective tax collection and compliance.
He pointed out that tax collection authorities are not the only parties responsible; audit firms and tax accountants also play a crucial role.
These professionals must carry out their duties responsibly to ensure the Government receives the tax revenue it is owed.
The President assured that measures will be implemented to ensure adherence to legal and regulatory frameworks.
He expressed confidence that these enhanced tax administration and compliance measures would help Sri Lanka exceed its revenue targets beyond 2025, enabling the Government to provide further public relief while maintaining fiscal and economic stability.
