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Raise the mandatory GST registration threshold from MVR 1 million to MVR 1.5 million, with the necessary legislative and regulatory changes introduced.
PromisedMedium impact
Where it stands todayNo news yet. It stays “Promised” until an article or an official page shows a change.Since 25 October 2026
The story so far
Newest first
PromisedWhere it was made
The promise was made
Key numbers in the article
MVR 1 million Mandatory GST registration threshold before increaseMVR 1.5 million Proposed mandatory GST registration threshold
Exact words from the article
“President Dr Mohamed Muizzu has announced plans to raise the mandatory GST registration threshold from MVR 1 million to MVR 1.5 million from 1 January 2027, alongside tax concessions and payment measures for small and medium-sized enterprises (SMEs).”
