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The Customs Department has lost revenue amounting to more than Rs. 58 billion due to various frauds and irregularities, and Chairman of the Committee of the Ways and Means, MP Patali Champika Ranawaka has instructed the officials of Ministry of Finance and other institutions to take immediate steps to recover the losses.

Feature

Chairman of the Committee on Public Finance (COPF), MP Harsha de Silva, has unveiled a pioneering PAYE tax restructuring proposal aimed at benefiting professionals and bolstering Sri Lanka's economic prospects.

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