Tuesday Sep 30, 2025
Tuesday Sep 30, 2025
Tuesday, 30 September 2025 02:21 - - {{hitsCtrl.values.hits}}
CA Sri Lanka President Heshana Kuruppu (centre left) presenting the Budget proposals to Treasury Secretary Dr. Harshana Suriyapperuma in the presence of CA Sri Lanka and Finance Ministry officials
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) yesterday announced that it has formally presented its proposals for the forthcoming National Budget 2026 to the Government.
The proposals presented by CA Sri Lanka addresses several critical pillars of fiscal management, including policy planning and implementation, the establishment of a Tax Ombudsman, enhancing strategic trade policy and broadening the export base.
It also included reforming the tax system to ensure equity and drive growth, reducing cash usage and promoting digital transactions, amendments to the administrative provisions, transformations within the State Sector, and strengthening fiscal discipline through the Public Finance Management Act.
The proposal was presented to Finance Secretary Dr. Harshana Suriyapperuma. The delegation was led by the CA Sri Lanka President Heshana Kuruppu, together with Members of Council.
In addition to the budget proposals, CA Sri Lanka also presented the findings of its comprehensive Tax Perception Survey to Dr Suriyapperuma. The survey provides invaluable, data-driven insights into the perspectives of Chartered Accountants on the current tax system, offering a critical evidence base for future reforms and improvements.
Kuruppu said that as the national body of accountants, CA Sri Lanka has a profound responsibility to actively contribute to the economic dialogue of the country.
“Our proposals for the National Budget 2026 are not merely recommendations, but they are the culmination of rigorous research and expert analysis from our members who are at the forefront of the economy,” he said.
“We believe that implementing these measures will be pivotal in enhancing revenue collection, ensuring equity, fostering a conducive environment for investment, and ultimately driving sustainable economic growth for all Sri Lankans,” he added.
