⚠️ Lessons for Sri Lanka: Tragic Death During Indian Tax Raid

The recent death of Confident Group Chairman C. J. Roy during an Indian Income Tax search operation serves as a critical warning for Sri Lanka's evolving fiscal landscape. As the Inland Revenue Department (IRD) intensifies enforcement under IMF-linked targets, the incident highlights the high personal stakes of non-compliance. • Risks for Taxpayers: Non-compliance is no longer just a financial risk; it carries severe psychological and reputational consequences. Sri Lankan taxpayers are urged to view compliance as a "shield" for personal stability and dignity. • Tightening Net: With the introduction of digital TINs, bank transaction reporting, and integrated property databases, the "compliance net" in Sri Lanka is tightening. Authorities warn that silence today does not guarantee safety tomorrow. • Operational Ethics: The tragedy underscores that tax enforcement must be firm yet proportionate. Experts call for: • Clear, written search protocols and senior-level oversight. • Documented communication over informal verbal pressure. • Guaranteed access to professional representation. • Policy Balance: For sustainable revenue growth, the system must balance enforcement with fairness. Fear-based compliance is fragile; building trust through voluntary disclosures and humane practices is essential for long-term fiscal health. Summary based on reports as of Feb 9, 2026. ---