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TIN Requirement for All Financial Transactions Comes into Effect November 2
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TIN Requirement for All Financial Transactions Comes into Effect November 2

October 30, 2026·1 min read
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  1. 01TIN will be mandatory for all banking transactions.
  2. 02New regulation starts on November 1.
  3. 03Announcement made by Nandana Kumara.
  4. 04Effective date for TIN requirement is November 2.
  5. 05Applies to all financial transactions.
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COLOMBO (News1st); The Spokesperson for The Inland Revenue Department, Nandana Kumara, announced that the Taxpayer Identification Number (TIN) will become mandatory for all banking and financial transactions starting this coming November 2.This requirement follows the enforcement of the new regulation coming into effect on November 1.

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