Sri Lanka, Feb. 26 -- Claiming that the Governemnt's removal of tax exemptions on digital service exports threatens Sri Lanka's economic recovery, SJB MP Dr. Harsha De Silva said Sri Lanka must reconsider these shortsighted taxes.

Posting a statement on X, he said IT, Business Process Outsourcing companies, software firms, digital agencies, young freelancers on Upwork/Fiverr, content creators and professionals working remotely for global companies will be impacted due to the removal of tax exemptions.

"Sri Lanka DDS exports grew from USD 321M to over USD 1B since 2005. During our economic crisis, remote work has prevented further brain drain by allowing talented Sri Lankans to earn competitive salaries while staying in the country. We c...