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Posts tagged as “decreases”

Liquor consumption increases; Excise revenue decreases

report in The Island, Mar 20, 2023The Excise Department says its revenue for the first two months of this year has dropped by 12.2 percent, compared to the income it received during the first two months last year. Excise Commissioner General Saman Jayasinghe said that during the first two months of the year 2022, his department had received Rs 28.6 billion as rupee revenue. This year, its revenue had come down to Rs 25.1 billion,…