Sri Lanka’s Vehicle Import Tax Revenue Hits Rs. 904 Billion in 2025: High Taxes and Their Real Impact on Car Buyers
In 2025, Sri Lanka’s vehicle import tax revenue shattered expectations, reaching Rs. 904 billion against a projected Rs. 441 billion, as announced by Deputy Minister of Economic Development Nishantha Jayawardena in Parliament. For the average Sri Lankan considering a car purchase whether a young family eyeing a compact hatchback, a professional upgrading for comfort, or […]