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President Anura Kumara Dissanayake Holds Strategic Meeting with Customs and Inland Revenue Officials

Anura Kumara Dissanayake

President Anura Kumara Dissanayake convened a critical meeting today (09) at the Presidential Secretariat with senior officials from the Sri Lanka Customs Department and the Inland Revenue Department. The meeting focused on strategies to boost revenue generation and streamline operational efficiency in line with the government’s economic priorities.

Key Highlights:

  • Addressing Revenue Challenges: During the discussions, officials from both the Customs Department and the Inland Revenue Department (IRD) shared their perspectives on the challenges encountered in revenue management and tax evasion. They emphasized the need for robust measures to address these issues, which have a direct impact on the country’s financial stability.
  • Enhanced Inter-Departmental Collaboration: Strengthening the coordination between the IRD and Customs was highlighted as a crucial step to enhance tax enforcement and minimize revenue leakages. Better collaboration would enable both departments to tackle tax evasion more effectively and ensure a more transparent and efficient revenue collection process.
  • Key Representatives Present: The meeting saw participation from key figures, including Mr. PBSC Nonis, Director General of Customs, and Mrs. WS Chandrasekara, Commissioner General of the Inland Revenue Department, along with other senior officials. Their collective expertise and insights laid the groundwork for developing a comprehensive strategy to overcome current obstacles and achieve the government’s revenue targets.
President Discusses Enhancing Revenue and Efficiency with Sri Lanka Customs and Inland Revenue Officials -BusinessNews.LK

President Discusses Enhancing Revenue and Efficiency with Sri Lanka Customs and Inland Revenue Officials

 

Moving Forward:

The President reiterated the importance of adopting a unified approach to revenue management, urging both departments to work in synergy and implement the discussed strategies promptly. This initiative is expected to significantly contribute to the nation’s economic stability by ensuring higher revenue generation and better enforcement of tax laws. – PMD

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Last modified: October 10, 2024