The Inland Revenue Department (IRD) says that it has collected tax revenue of Rs. 696,946 million for the first half of this year.
In comparison, the revenue collected during the first half of 2022 amounted to Rs. 361,832 million, according to the department.
Accordingly, this year’s collection shows a growth of 92 per cent when compared to last year, the IRD said in a statement.
Factors such as decisive changes in the tax policy, gradual recovery of the economy and the IRD’s efficiency are the contributory factors for this achievement, it said.
