FINANCIAL CHRONICLE – Sri Lanka Customs has surpassed its revenue target for May by 16%, with collections for the first five months of the year […]
Category: Fiscal
Sri Lanka Customs reaches 65% of May revenue goal within the initial 18 days.
FINANCIAL CHRONICLE – According to official statistics, Sri Lanka Customs has achieved nearly 65 percent of its revenue goal for May 2026 within the first […]
Sri Lanka Implements Vehicle Surcharge to Curb Imports Amid Currency Decline
Sri Lanka has implemented a temporary surcharge of 50 percent on Customs Import Duty for new personal vehicles, effective from May 16 for a duration […]
Sri Lanka Customs Achieves Rs.1 Trillion Revenue Benchmark in Just 132 Days
FINANCIAL CHRONICLE – This week, Sri Lanka Customs achieved a significant revenue milestone, surpassing the 1 trillion rupee mark, as confirmed by the agency’s spokesperson. […]
Sri Lanka Customs Achieves Over 30% Revenue Surplus in April Targets
FINANCIAL CHRONICLE – Sri Lanka Customs has surpassed its revenue goal for April by 30.5%, with the total revenue for the first four months of […]
Sri Lanka Increases VAT on Financial Services to 20.5% and Lowers Eligibility Threshold
FINANCIAL CHRONICLE – The government of Sri Lanka has put forward proposed changes to its Value Added Tax (VAT) legislation, which includes increasing the tax […]
Sri Lanka Customs Achieves Revenue Goals for the Fourth Consecutive Month in April
FINANCIAL CHRONICLE – Sri Lanka Customs has successfully surpassed its monthly revenue target for the fourth month in a row, achieving the April goal ahead […]
Sri Lanka Explores Strategies to Expand Tax Base and Address Uncollected Tax Debts
FINANCIAL CHRONICLE – President Anura Kumara Dissanayake of Sri Lanka, along with key officials from the Department of Inland Revenue, convened to explore strategies for […]
Sri Lanka Approaches Budget Surplus in January 2026 Amidst Currency Challenges
FINANCIAL CHRONICLE – In January 2026, Sri Lanka’s budget came remarkably close to achieving a surplus, recording a deficit of only 3.8 billion rupees. This […]
Sri Lanka Assures No Technical Default Despite Cyber Heist Impacting Debt Obligations
FINANCIAL CHRONICLE – Sri Lanka remains assured that it has not entered a technical default following a cyber attack that redirected funds intended for Australia’s […]
Cybercriminals impersonate Australians to embezzle funds from Sri Lanka’s Treasury, thwarted in their bid for Indian loans.
FINANCIAL CHRONICLE – Hackers posing as representatives from Australia’s export financing agency successfully infiltrated Sri Lanka’s Treasury to misappropriate funds. However, a subsequent attempt to […]