President receives report on optimising revenue management system

Date:

July 26, Colombo (LNW): A report from the Cabinet Sub-Committee on enhancing the Revenue Administration Management Information System (RAMIS) has been delivered to President Ranil Wickremesinghe at the President’s Office.

In his capacity as Minister of Finance, Economic Stabilisation, and National Policies, the President had previously issued a memorandum on acquiring maintenance services for RAMIS.

Following a Cabinet decision, a Sub-Committee was formed, chaired by Power and Energy Minister Kanchana Wijesekera and including Ministers Tiran Alles and Nalin Fernando.

The report, which includes seven key recommendations, emphasises the need for efficient utilisation of the Income Administration Management Information System.

The primary recommendations are:

  1. Expression of Interest (EOI): Start the EOI process to find suitable partners for managing RAMIS.
  2. Takeover Plan: Develop and implement a comprehensive plan before the current maintenance contract with Singapore Corporation Enterprises (SCE) ends.
  3. System Backlog: Prioritise clearing the backlog from the assessment year 2019/2020 onwards, with monthly progress reports to the Council of Ministers.
  4. Tax Identification: Use the National Identity Card, or a future alternative, exclusively for tax collection identification.
  5. Government Integration: Connect RAMIS with a framework linking various government institutions.
  6. User-Friendly Portal: Simplify tax collection with an improved, user-friendly portal.
  7. Legal Amendments: Amend laws and regulations to implement the recommended tax policy changes.

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