Economy & business · PoliticsUpdated
Sri Lanka’s Tax Burden May Ease; But Only After Revenue Reaches a Safer Level
From Newsfirst ·
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1 min readFrom 1 outlets- Newsfirst reports that indirect taxes will not be reduced immediately.
- Newsfirst reports that the government wants stronger revenue mobilisation before changing the tax structure.
Newsfirst reports that Deputy Finance and Planning Minister Anil Jayantha Fernando said Sri Lanka would not immediately lower its indirect taxes.
Newsfirst reports that Fernando tied any later reconsideration of the tax structure to stronger revenue mobilisation, describing improved revenue as a prerequisite for changing the system.
Based on: NewsfirstWritten by AI from Newsfirstthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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