MVR 1.51b tax revenue in November

At the end of last month, the state earned MVR 19.4 billion in revenue through MIRA.

10 December 2022

Green Fund used to address coconut shortage

The agriculture ministry has since brought in 5,000 coconut palms to the Maldives from the Indian state of Kerala.

9 April 2023

TGST, Green Tax dues cross MVR 1 billion

Meanwhile, a 2020 audit of the state tax agency had revealed that the dues for resort rent and fines had reached MVR 17 billion.

18 October 2022

MPs call for green tax allocation to origin islands

Some MPs have said that if Green Tax is distributed to an island, it is unfair to other islands.

5 September 2022

Green Tax generates MVR 73 million despite erroneous ban

In August, $4.7 million was received as Green Tax.

10 September 2022

Green Tax revenue exceeds estimates despite 'mistake' ban

Due to an error in the Green Tax commencement date during the drafting of a July amendment, Green Tax could not be levied for two months.

3 October 2022

Muizz says won't change existing taxes, rates

Muizz's vision is to limit the opportunities available to state-owned companies while increasing the opportunities for small businesses.

28 August 2023

Maldives to hike TGST to 17%, double Green Tax

The amendments to the Tax Act will be introduced in parliament Monday.

14 October 2024