The number of individuals registering with the Taxpayer Identification Number (TIN) in Sri Lanka has reached nearly 01 million, according to the Inland Revenue Department.
Previously, in the fiscal year 2022, there were only 204,467 personal tax files.
However, the latest data indicates a remarkable surge, with the number now approaching the one-million mark.
Moreover, the Department reported a notable uptick in the number of tax-paying companies.
This year has witnessed a commendable 10 percent increase, with the count rising from 73,444 registered tax-paying companies in 2022 to a current total of 81,909 as of November 30.
