Inland Revenue Records Historic High as 2025 Target Reached Ahead of Schedule

December 22, Colombo (LNW): Sri Lanka’s Inland Revenue Department has surpassed a major fiscal milestone after meeting the Government’s full-year revenue target for 2025 several days before the end of the year.

Commissioner General Rukdevi P. H. Fernando confirmed that the department had collected Rs. 2,203 billion by 19 December, achieving the figure set for the entire year.

She described the accomplishment as the largest revenue intake ever recorded by the Inland Revenue Department, reflecting improved compliance and strengthened collection mechanisms.

In a statement, the Commissioner General noted that efforts are continuing to further increase revenue during the remaining days of the year, signalling that the final figures may exceed expectations.

She attributed the achievement to a combination of effective administration and the cooperation of taxpayers across the country.

Fernando also conveyed her appreciation to individuals and businesses for fulfilling their tax obligations, both directly and through indirect taxation. In addition, she acknowledged the commitment of Inland Revenue staff and the support extended by officers in other public and private sector institutions, saying their collective contribution was instrumental in reaching the record-breaking total.

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