The Maldives Inland Revenue Authority (MIRA) collected MVR 2 billion for the state in terms of taxes and other levies in October this year, marking a 61.3 percent increase compared to the corresponding month last year.

MIRA attributed the rise in collections to the increase in revenue from goods and services tax (GST), tourism land rent and green tax.

While the largest collections, totalling MVR 1.3 billion, came from GST, the state’s tax agency also collected US dollar payments amounting to US$77.1 million in October.

Income tax collections stood at MVR 161 million, while tourism land rent brought in MVR 152 million, with green tax contributing MVR 92 million and the airport development fee adding MVR 77 million.