There is a problem in Sri Lanka
which is, the percentage of the direct tax revenue in Gross
Domestic Production (GDP) of the country is continuously
reducing in the every year here the indirect tax revenue was
16% in GDP in 1990s however it was as 9% in the GDP in
2012. Also the direct and indirect tax revenue are playing major
role in the total revenue of the country so the tax revenue is
important for the reducing the budget deficit of the country.