Sri Lanka, Nov. 6 -- The Inland Revenue Department has decided to defer the implementation of the mandatory requirement of production of Tax Identification Number for eight specific transactions until 1 April 2027.File Taxes

The Department had had made the submission of Taxpayer Identification Number (TIN) Certificate by individuals engaging in eight (8) specified transactions including the opening of a bank account or vehicle revenue licence renewal compulsory from November 1.

The department in a release said that this requirement is implemented in accordance with subsection (6) of Section 103 of the Inland Revenue Act, No.24 of 2017, as amended by the Inland Revenue (Amendment) Act, No. 11 of 2026.

"However, a significant demand for ...