State Minister Siyambalapitiya’s tax paying labour force numbers don’t work
Only 120,965 persons or 2.6 percent of the labour force, who are earning over Rs.100,000 per month, are subjected to the PAYE tax.
Daily Mirror | February 11, 2023
Posted on: 16 March, 2023
MP Abeysinghe unrealistic on revenue estimates being unrealistic
…The  budget presented this time is seeking the highest revenue in the entire history of Sri Lanka. Compared to last year, this year’s revenue shows an increase of 70%. In Sri Lanka, at no point has the revenue increased from year to year by more than 10%, 15% or 20%.... In the history of Sri Lanka have we ever generated a revenue figure that is in the range of LKR 3,000 billion? Every year, the revenue generated has been less than LKR 2,000 billion….
Parliament Hansard | November 21, 2022
Posted on: 20 January, 2023
State minister Siyambalapitiya fails on success of tax collection
We set a target to collect Rs. 915 billion in tax incomes through IRD in 2022. I’m delighted to say that we have been able to achieve 68.4% of this annual target at the end of September, which is in spite of the projected 8.2% contraction of GDP this year.
Daily Mirror | November 4, 2022
Posted on: 8 December, 2022