Sri Lanka’s budget for 2021 featured large overestimations in Government revenue.  

See below for a breakdown of this overestimation by the different sources of revenue, all of which featured over optimistic estimations in the budget for this year. 

  1. Taxes on International trade  

2. Value Added Tax

3. Excise Duty

4. Income Tax

Refer the Public Report on Budget 2021 for more details on this

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