Sabaragamuwa PC nets Rs.173m in additional revenue

by Irangika Range

The Revenue Department of the Sabaragamuwa Provincial Council has recorded a total revenue of Rs. 625.6 million for 2004. This is an increase to its estimated target which was Rs. 452 million for the same year. It was able to collect additional revenue of Rs. 173.6 million in 2004, which was the highest additional revenue earned by a provincial council for that year.

Revenue Commissioner of the Revenue Department of the Sabaragamuwa Provincial Council M.A. Chandrapala said that the department collected Rs.46.3 million additional revenue from four items including turnover tax, stamp duty, drugs and chemical tax and the mineral tax.

The Department has been able to collect Rs.182.7 million from the turnover tax while its estimate was Rs.180 million. The total revenue collection from stamp duty was Rs.118.1 million while the total revenue from drugs and chemical tax was Rs.169, 000. The Department has also collected Rs.75,000 as revenue from mineral tax.

"We have collected a total revenue of Rs.318 million from those four items while its estimate was Rs.255.5million in 2004. " The department has played a key role in bringing revenue for the government to develop the country. It has also targeted to earn additional revenue this year by implementing proper operations and programs," Chandrapala said.