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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Excise Department Records Historic Revenue of 232 Billion Rupees Amid Challenges

December 12, 2024
in News
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Excise Department Records Historic Revenue of 232 Billion Rupees Amid Challenges
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The Excise Department has announced a remarkable achievement in revenue collection, reaching 232 billion rupees for the current year as of November 30th.

This milestone marks the highest revenue generated in the department’s 120-year history. The income has primarily been derived from excise duties on alcohol production and taxes under the Tobacco Tax Act.

Overcoming significant challenges posed by the COVID-19 pandemic and the country’s economic downturn in recent years, the department has successfully surpassed the 200-billion-rupee mark for the first time.

Despite facing a severe shortage of human resources, the department highlighted the achievement as particularly noteworthy given the current constraints.

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