Srilanka, Nov. 13 -- Tax revenue amounting to Rs. 461.49 billion has been lost in relation to four types of indirect taxes due to various tax concessions and exemptions granted during the first six months of 2026, the Ministry of Finance has stated.

This was revealed in a report issued by the Ministry of Finance, Planning and Economic Development.

Accordingly, the revenue loss relates to four indirect taxes: Value Added Tax (VAT), Social Security Contribution Levy (SSCL), Excise Duty (Special Provisions), and Customs Import Duty.

According to the report, tax concessions granted on Value Added Tax (VAT) during the first six months of 2026 are estimated to have resulted in a revenue loss of Rs. 242.95 billion.

Meanwhile, tax concession...