MIRA reported state revenue of MVR 2.33 billion in February, 33.7 percent higher than the same period last year and 22.3 percent above the February forecast. GST made up 70 percent of the collection, with other contributions from income tax, green tax, airport development fees and departure tax.
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The revenue collection was 33.7 percent higher than that of the same period last year and 22.3 percent higher than the February forecast.
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The revenue collection was 33.7 percent higher than that of the same period last year and 22.3 percent higher than the February forecast.
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Tourism GST (TGST) revenue increased by 11.5 percent in February this year compared to the same period last year, attributed to increased tourist arrivals in January, MIRA data shows.
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Revenue collected in February also included US$100.34 million.
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The state received MVR 2.33 billion in revenue last month, according to data released by the Maldives Inland Revenue Authority (MIRA).
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