Business

Overall Revenue Generated from Taxes Dropped Last Month – MIRA

Statistics published by Maldives Inland Revenue Authority (MIRA) revealed that the revenue generated from Goods and Services Tax (GST) dropped by 18% last month.  Last Year, MIRA collected MVR 556 Million from GST during August month which dropped to MVR 469 Million this year.

According to MIRA, overall revenue generated from various taxes totaled to MVR 1 Billion and $39.7 Million within last month; which also dropped by 0.4% compared to the same period of last year, although they forecasted it to drop by 2.5%.

Looking into the statistics of Business Profit Tax (BPT), it also dropped from MVR 170 Million to MVR 93 Million this year. Similarly, Green Tax dropped from MVR 54 Million to MVR 52 Million this year.

Full details are available from the link below:

Source URL: Corporate Maldives

Related:   Fenaka’s once rumoured graft comes to light with shocking audit report

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz