Inland Revenue Department

The Inland Revenue Department (IRD) has reported a strong start to 2026, collecting Rs. 606,002 million in tax revenue during the first quarter of the year, marking a 17.7% increase compared to the same period in 2025. According to an…

The Inland Revenue Department (IRD) announced that locally produced liquid milk and yogurt are now exempted from Value Added Tax (VAT), following the enactment of the Value Added Tax (Amendment) Bill. In a statement issued this week, the…