Sri Lanka, Oct. 23 -- The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has unveiled a comprehensive set of proposals submitted to the government for the upcoming National Budget 2027.

Presenting the outline at a recent press conference, the Institute emphasized the urgent need for a more efficient, equitable, and sustainable approach to revenue mobilization-prioritizing enhanced tax compliance, digital transformation, and economic formalization over an excessive reliance on higher statutory tax rates.

The proposals were formally presented in September 2026 to Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, at the Ministry of Finance. CA Sri Lanka's recommendations are anchored on three complementary o...