The Maldives Inland Revenue Authority reported that revenue collected in June 2024 was MVR 2.05 billion, 26.8 percent higher than June 2023 but 28.8 percent below the forecast made at the beginning of the year. GST accounted for the largest share of collections, and first-half revenue crossed MVR 12.5 billion.
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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it received a total of MVR 2.05 billion last month, of which 76.57 million was received directly in US dollars.
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While the revenue collected last month was 26.8 percent higher than over the same period last year, it was 28.8 percent lower than the forecast at the beginning of the year.
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GST accounted for the bulk of revenue received with MVR748 million collected — 36.49 percent of total collections last month.
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Earlier reports gave more than MVR 6 billion 14 May, 19:55 Maldives RepublicMVR 1.4 billion 13 Feb, 22:32 Maldives Republic
MVR748 million collected — 36.49 percent of total collections last month.
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collections of MVR 629 million — 30.69 percent of total collections last month.
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Earlier reports gave 46.6 percent 13 Feb, 22:32 Maldives Republic
TGST contributed the most US dollar collections with US$27.3 million collected; translating to 35.7 percent of total US Dollar collections.
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While revenue collected by MIRA in the first half of the year has crossed MVR 12.5 billion, it also marked an increase of around MVR 1.9 billion compared to the same period last year.
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it also marked an increase of around MVR 1.9 billion compared to the same period last year.
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