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SRI LANKA NEWS

TIN mandatory for key transactions from Nov. 1 - Island.lk

Lanka Hit News • Sep 26, 2026 · 1mo ago • 5 min read
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A valid Taxpayer Identification Number (TIN) Certificate will be required for a range of key transactions in Sri Lanka from November 1, 2026, the Inland Revenue Department (IRD) has announced.

The requirement, introduced under the Inland Revenue (Amendment) Act, No. 11 of 2026, applies to transactions specified under Section 102(3) of the Inland Revenue Act.

Accordingly, individuals will be required to produce a valid TIN Certificate when opening an account at a bank or financial institution, obtaining approval for a building plan, registering or renewing the licence of a motor vehicle, registering land or title to land, registering a business, transferring shares in a company incorporated in Sri Lanka or obtaining a credit card.

In the case of share transfers, both the transferor and transferee will be required to provide TIN certificates.

The IRD said officials handling such transactions had been instructed to ensure that a valid TIN Certificate was submitted before processing or completing the relevant transaction.

The Department advised those who do not already have a TIN to obtain one in advance through its e-Services platform.

It said a printout of the TIN verification result showing the applicant’s National Identity Card number and TIN could also be accepted instead of the certificate.The IRD also reiterated that obtaining a TIN is mandatory for resident individuals aged 18 and above under the applicable provisions.

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At the National Productivity Awards 2025/26, the Sri Lanka Navy was one of four institutions to secure first place in the Public Sector Inter-Departmental Category.

The award was presented to the Commander of the Navy, Vice Admiral Damian Fernando, by the President, Anura Kumara Dissanayake at the National Productivity Awards Ceremony, held today, 8 November, at the Bandaranaike Memorial International Conference Hall in Colombo.

Organised annually by the National Productivity Secretariat under the Ministry of Industry and Entrepreneurship Development, the competition aims to foster productivity, efficiency, and innovation across public, private, educational and micro-enterprise sectors nationwide.

This year’s programme was conducted in alignment with the ‘Clean Sri Lanka’ national initiative. Six (6) specialised units represented the Navy in the evaluation process: the Naval and Maritime Academy, the Commodore Superintendent Dockyard (East), the Green and Blue Project, the Research and Development Unit, the Machinery Testing & Trails Unit and the Naval Boat Building Yard.

These awards were evaluated on criteria including leadership, client feedback, strategic planning, human resource & knowledge management, organizational results and effective innovation.

Securing a place among the four top-ranked institutions in the Public Sector’s Inter-Departmental Category is not only a remarkable achievement for the Sri Lanka Navy but also a reflection of its unwavering commitment to upholding its proud traditions.

The occasion was attended by senior officers including Director General Engineering, Rear Admiral Hasantha Dassanaike and Director General Policy and Plans, Rear Admiral Jayantha Bandara. In addition, the following officers participated as representatives of the institutions and units represented for the National Productivity Awards 2025/26: Commodore Nalinda Dissanayake, Commandant Naval and Maritime Academy, Commander Arunoda Samaranayake, Manager Naval Boat Building Yard; Commander Gihan Premathilaka, representing the Green and Blue Project; Lieutenant Commander Sarath Jayasinghe, representing the Machinery Testing & Trails Unit; Lieutenant Commander Hasitha Dilshan, representing the Commodore Superintendent Dockyard (East) and Lieutenant Commander Chamara Kuruwitha Bandara, representing the Research and Development Unit.

The Sri Lanka Navy rushed a firefighting team from the Southern Naval Command to help extinguish a sudden fire at a boat maintenance yard in the Galle fisheries harbour this afternoon, 8 November 2026.

SLNS Dakshina detected the outbreak aboard a boat within the harbour premises and initiated immediate response. Working alongside the Sri Lanka Air Force firefighters, Galle Municipal Firefighting Unit and local fishermen, the team brought the blaze under control and prevented it from spreading to surrounding boats and infrastructure.

The Navy maintains continuous readiness to provide humanitarian assistance and disaster relief during emergencies of this nature.

Prime Minister Dr Harini Amarasuriya in her Deepavali message said that all Sri Lankans should resolve to strengthen our cultural bonds and move forward as one nation, transcending all ethnic and religious differences.

“Deepavali, which symbolises the light over darkness and good over evil, is a festival imbued with spiritual purity. Just as the lighting of oil lamps illuminates our homes, this sacred occasion offers us a valuable opportunity to dispel the darkness of hatred, jealousy and ignorance within our hearts, and to kindle the lamps of wisdom and compassion.

I believe that, in a multi-ethnic and multi-religious country such as Sri Lanka, Deepavali provides a significant opportunity to further strengthen mutual understanding, harmony and solidarity among our communities.

As we celebrate this festival, we must resolve to strengthen our cultural bonds and move forward as one nation,transcending all ethnic and religious differences.

I wish all Hindu devotees in Sri Lanka and across the world a Deepavali filled with happiness, peace, good health and prosperity!”

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