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State Revenue up 34.4% in March

State revenue rose 34.4 percent in March 2024 compared with the same month in 2023, reaching MVR 2.94 billion including US$119.67 million in receipts, according to MIRA. The increase was driven by bank income tax, tourism GST, tourism land rent and non-resident withholding tax, with revenue 26 percent above forecast; GST accounted for the largest share at MVR 1.52 billion.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures7as 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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  • 34.4 percent Year-on-year growth in state revenue Maldives Republic State revenue increased by 34.4 percent in March compared to the same period last year, according to the Maldives Inland Revenue Authority (MIRA).

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

  • MVR 2.94 billion Total state revenue Maldives Republic Data released by MIRA shows that revenue in March 2024, which included receipts of US$119.67 million, totalled MVR 2.94 billion, compared to MVR 2.1 billion for the same period last year.

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

  • US$119.67 million Receipts in US dollars Maldives Republic revenue in March 2024, which included receipts of US$119.67 million, totalled MVR 2.94 billion

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

  • MVR 2.1 billion Total state revenue a year earlier Maldives Republic totalled MVR 2.94 billion, compared to MVR 2.1 billion for the same period last year.

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

  • MVR1.52 billion GST collected Maldives Republic Goods and services tax (GST) accounted for the largest share of revenue, with MVR1.52 billion collected

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

  • 51.7 percent GST share of total revenue Maldives Republic contributing to 51.7 percent of total revenue in March.

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

    Earlier reports gave almost 60 percent 13 Sep, 21:21 Maldives Republic

  • MVR106.12 million Airport development fee collected Maldives Republic and MVR106.12 million as airport development fee.

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

    Earlier reports gave MVR 873.2 million 9 Dec, 21:36 Maldives RepublicMVR 90 million 13 Sep, 21:21 Maldives Republic

Other events named

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  • MIRA released state revenue data showing a 34.4 percent year-on-year increase for March 2024. March 2024 Maldives Republic Data released by MIRA shows that revenue in March 2024, which included receipts of US$119.67 million, totalled MVR 2.94 billion, compared to MVR 2.1 billion for the same period last year.

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

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