Sri Lanka, Oct. 5 -- Plans are underway to simplify Sri Lanka's tax system for the upcoming year, making it both highly efficient and user-friendly, according to Deputy Minister of Economic Development Nishantha Jayawardena.

Speaking at the official launch of the digital signature and paperless customs declaration system, the Deputy Minister emphasized that the government is taking decisive steps to streamline the nation's overall tax structure. A key component of this initiative includes eliminating auxiliary levies currently imposed alongside standard customs duties. Similar simplified, user-focused tax mechanisms are slated to be rolled out across other state institutions in the coming months.

Highlighting the progress made in revenu...