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State Revenue Soars More Than 60% Year-on-Year in October

The Maldives Inland Revenue Authority collected MVR 2 billion in taxes and other levies in October 2023, a 61.3 percent increase over the same month a year earlier. MIRA attributed the rise to higher goods and services tax, tourism land rent and green tax revenue, with GST accounting for MVR 1.3 billion of the total.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures5as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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Figures in these reports

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  • MVR 2 billion Total state revenue collected by MIRA in October Maldives Republic The Maldives Inland Revenue Authority (MIRA) collected MVR 2 billion for the state in terms of taxes and other levies in October this year

    Word for word from the report in Maldives Republic. Open the report

  • MVR 1.3 billion Goods and services tax (GST) collections Maldives Republic While the largest collections, totalling MVR 1.3 billion, came from GST

    Word for word from the report in Maldives Republic. Open the report

  • US$77.1 million US dollar payments collected Maldives Republic the state’s tax agency also collected US dollar payments amounting to US$77.1 million in October.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 92 million Green tax collections Maldives Republic green tax contributing MVR 92 million

    Word for word from the report in Maldives Republic. Open the report

  • MVR 77 million Airport development fee collections Maldives Republic and the airport development fee adding MVR 77 million.

    Word for word from the report in Maldives Republic. Open the report

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