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Steep increase in Government’s Revenue

Jul 5, 2011 3:51:01 AM - news.lk

The Government’s  revenue has increased by 19.8% in the first five months of 2011 with tax revenue recording an increase of 23.8% compared to the same period of 2010. However, the import duty concessions granted on petroleum products, LP gas, selected food items and milk powder has had a negative impact on the revenue performance during this period.