Parliament Considers Hikes to Tourism-Related Taxes and Levies
The Parliament, on 16 October, accepted for consideration two bills seeking to increase the Tourism Goods and Services Tax (TGST),...
Maldives Secures $15 Million AIIB Loan for Green Taxation and Climate Projects
The Asian Infrastructure Investment Bank (AIIB) has approved a $15 million loan to the Maldives to strengthen green taxation and...
Businesses Owe MVR 1.54 Million in Unpaid Plastic Bag Fees: MIRA
The Maldives Inland Revenue Authority (MIRA) has reported that 317 businesses have failed to pay the new plastic bag fee,...
State Revenue Hits MVR 2.33 Billion in February, Outpaces 2023 Collections and 2024 Projections
The state received MVR 2.33 billion in revenue last month, according to data released by the Maldives Inland Revenue Authority...
Government Will Introduce Legislation Re-Directing State Revenue to Councils: President Muizzu
The Maldives Inland Revenue Authority (MIRA) will re-direct a percentage of the revenue collected collected for the state to councils,...
State Revenue at MVR 3.6 Billion for January; 12.2% Higher Than Forecasts
The Maldives Inland Revenue Authority (MIRA) collected MVR 3.6 billion in January this year. January 2024 collections were 5.7 percent...
MIRA Collects Over MVR 24 Billion in Revenue for 2023, Exceeds Projections by 6.5%
The Maldives Inland Revenue Authority (MIRA) collected MVR 24.7 billion for the state in 2023, according to data released by...
State Collects MVR 1.7 Billion as ADF, Departure Tax Revenue
The state has collected MVR 1.7 billion as Airport Development Fee (ADF) and departure tax so far this year, the...
