MP Withanage’s boast: right on reduced revenue targets
Especially, tax revenue increased by LKR 1,700 Bn in the first six months of 2024. That is a growth of 42.6%. We have been able to achieve a growth of 44.7% of the annual estimate. Also, non-tax revenue has increased by 30.4%. A target of 52.7% of the annual estimate has been reached.
| August 7, 2024
Posted on: 26 September, 2024
True
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
Partly True
Sabry over charges past governments on tax collections
It [tax revenue as a percentage of GDP] decreased over time, under all these governments [every government since 1981] and today it has collapsed to a value of 8.7%.
Asian Mirror YouTube channel | May 4, 2022
Posted on: 9 June, 2022
Partly True
Minister Gunawardena: right numbers but wrong conclusions on tax burden
The tax revenue in 2014 at the end of Mahinda Rajapaksa’s government was Rs. 1,050 billion. Thereafter, its successor the Good Governance Government imposed tax rates to collect more than Rs. 1,700 billion a year, which was an excessive burden.The people were not taxed in this manner even...
Daily News | June 24, 2021
Posted on: 13 August, 2021
Partly True
Opposition Leader Sajith Premadasa miscalculates by engaging the wrong base
In the first seven months of 2020, the government's tax revenue was reduced by 40.9 percent in comparison with that same period last year.
Divaina | October 7, 2020
Posted on: 3 December, 2020
False