Economy

IRD records highest tax revenue in its history

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The Inland Revenue Department (IRD) has announced that it has achieved the highest tax revenue collection in its history, reaching Rs. 2,002,241 million as of November.

According to an official statement issued on November 18, the revenue collected so far in 2025 marks an increase of Rs. 60,079 million compared to the total revenue recorded in 2024, which stood at Rs. 1,942,162 million.

The IRD stated that surpassing the Rs. 2 trillion mark within the first eleven months of 2025 reflects a significant contribution toward strengthening the government’s financial position.

Commissioner General of Inland Revenue, Rukdevi P. H. Fernando, expressed her appreciation to taxpayers for fulfilling their obligations in accordance with tax laws, noting that their cooperation has supported national progress and public welfare. She also extended gratitude to officials of both state and private institutions for their dedication and support in achieving this milestone.

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