Sri Lanka IRD collects Rs. 606 Billion in Q1 tax revenue
Posted by ONLANKA Newsroom on April 10, 2026 - 1:25 pm

The Inland Revenue Department (IRD) of Sri Lanka says it collected Rs. 606,002 million in tax revenue during the first quarter of 2026.
According to the department, this marks a 17.7% increase compared to the first quarter of 2025.
It said the revenue was generated from all major taxes, including income tax, value-added tax (VAT), and the Social Security Contribution Levy.
The department also noted that 25% of the targeted tax revenue for 2026 was collected during the first quarter.
Latest Headlines in Sri Lanka
- People’s Bank loses Rs. 656 Million due to remittance system error May 17, 2026
- Sri Lanka’s IMF reviews expected in coming weeks, $700 Million release pending May 17, 2026
- SriLankan Airlines probes UAE payment fraud, Chennai fund scam May 17, 2026
- Sri Lanka imposes 50% vehicle import duty surcharge May 16, 2026
- Sri Lanka managing energy crisis without public burden: PM Harini Amarasuriya May 16, 2026
