{"id":6114,"date":"2023-05-22T06:51:51","date_gmt":"2023-05-22T01:51:51","guid":{"rendered":"https:\/\/mbt.mv\/?p=6114"},"modified":"2023-05-22T06:51:51","modified_gmt":"2023-05-22T01:51:51","slug":"state-generates-mvr1-86b-13-2-increase-in-april-2023","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=6114","title":{"rendered":"State generates MVR1.86b, 13.2% increase in April 2023"},"content":{"rendered":"

The Maldives government generated a total income of MVR1.86 billion in April 2023, reported the Maldives Inland Revenue Authority (MIRA).<\/p>\n

According to the authority, this total is a 13.2% from the revenue earned in the same month in 2022. MIRA said the revenue for the review month was higher due to the increment in the collection of Goods and Services Tax (GST), Income Tax, Tourism Land Rent, and Green Tax.<\/p>\n

Additionally, tourist arrivals of March 2023 increased by 15.1% compared to March 2022, which led to the increment in tourism-related taxes and fees carried forward to April.<\/p>\n

However, the revenue earned to state was still 11.2% below projections. MIRA said that this decline was due to the decrease in the collection of GST, Tourism Land Rent, and Airport Taxes and Fees.<\/p>\n

Additionally, some taxpayers who reported tax liability for TGST, GGST, and Airport Taxes and Fees had not paid by the deadline in the month, which resulted in the decrement from the initial projection.<\/p>\n

Moreover, the majority of the taxpayers opted to pay the Tourism Land Rent before the deadline of March 31, 2023, despite the deadline extension to April 2, 2023.<\/p>\n

The state earned MVR 1.5 billion in tax revenues and MVR308.7 million in non-tax revenues in April 2023.<\/p>\n

Top Revenue Contributors<\/h3>\n
    \n
  1. GST – 64.5% | MVR1.2 billion<\/li>\n
  2. Income Tax – 9.5% | MVR176.7 million<\/li>\n
  3. Tourism Land Rent – 6.3% | MVR116.5 million<\/li>\n
  4. Green Tax – 5.1% | MVR94.9 million<\/li>\n
  5. Departure Tax – 4.0% | MVR75.1 million<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    The Maldives government generated a total income of MVR1.86 billion in April 2023, reported the Maldives Inland Revenue Authority (MIRA). According to the authority, this total is a 13.2% from the revenue earned in the same month in 2022. MIRA said the revenue for the review month was higher due to the increment in the<\/p>\n","protected":false},"author":4,"featured_media":6115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[771,830,1004,1310,1502,1603,2038,2063],"class_list":{"0":"post-6114","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-ggst","10":"tag-gst","11":"tag-income-tax","12":"tag-maldives-inland-revenue-authority","13":"tag-mira","14":"tag-non-tax-revenue","15":"tag-tax-revenue","16":"tag-tgst"},"yoast_head":"\nState generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=6114\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The Maldives government generated a total income of MVR1.86 billion in April 2023, reported the Maldives Inland Revenue Authority (MIRA). According to the authority, this total is a 13.2% from the revenue earned in the same month in 2022. MIRA said the revenue for the review month was higher due to the increment in the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=6114\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-22T01:51:51+00:00\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=6114#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"State generates MVR1.86b, 13.2% increase in April 2023\",\"datePublished\":\"2023-05-22T01:51:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114\"},\"wordCount\":232,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"GGST\",\"GST\",\"Income Tax\",\"Maldives Inland Revenue Authority\",\"MIRA\",\"Non Tax Revenue\",\"Tax Revenue\",\"TGST\"],\"articleSection\":[\"FINANCE\",\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=6114#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=6114\",\"url\":\"https:\/\/mbt.mv\/?p=6114\",\"name\":\"State generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2023-05-22T01:51:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mbt.mv\/?p=6114#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mbt.mv\/?p=6114\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/?p=6114#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mbt.mv\/?p=6114#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mbt.mv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State generates MVR1.86b, 13.2% increase in April 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mbt.mv\/#website\",\"url\":\"https:\/\/mbt.mv\/\",\"name\":\"Maldives Business Times\",\"description\":\"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.\",\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mbt.mv\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mbt.mv\/#organization\",\"name\":\"Maldives Business Times\",\"url\":\"https:\/\/mbt.mv\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"contentUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"width\":1312,\"height\":736,\"caption\":\"Maldives Business Times\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/mvbiztimes\",\"https:\/\/x.com\/mvbiztimes\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\",\"name\":\"Mohamed Reehaan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"caption\":\"Mohamed Reehaan\"},\"url\":\"https:\/\/mbt.mv\/?author=4\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"State generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mbt.mv\/?p=6114","og_locale":"en_US","og_type":"article","og_title":"State generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times","og_description":"The Maldives government generated a total income of MVR1.86 billion in April 2023, reported the Maldives Inland Revenue Authority (MIRA). According to the authority, this total is a 13.2% from the revenue earned in the same month in 2022. MIRA said the revenue for the review month was higher due to the increment in the","og_url":"https:\/\/mbt.mv\/?p=6114","og_site_name":"Maldives Business Times","article_publisher":"https:\/\/www.facebook.com\/mvbiztimes","article_published_time":"2023-05-22T01:51:51+00:00","author":"Mohamed Reehaan","twitter_card":"summary_large_image","twitter_creator":"@mvbiztimes","twitter_site":"@mvbiztimes","twitter_misc":{"Written by":"Mohamed Reehaan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mbt.mv\/?p=6114#article","isPartOf":{"@id":"https:\/\/mbt.mv\/?p=6114"},"author":{"name":"Mohamed Reehaan","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2"},"headline":"State generates MVR1.86b, 13.2% increase in April 2023","datePublished":"2023-05-22T01:51:51+00:00","mainEntityOfPage":{"@id":"https:\/\/mbt.mv\/?p=6114"},"wordCount":232,"commentCount":0,"publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"image":{"@id":"https:\/\/mbt.mv\/?p=6114#primaryimage"},"thumbnailUrl":"","keywords":["GGST","GST","Income Tax","Maldives Inland Revenue Authority","MIRA","Non Tax Revenue","Tax Revenue","TGST"],"articleSection":["FINANCE","PUBLIC SECTOR"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mbt.mv\/?p=6114#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mbt.mv\/?p=6114","url":"https:\/\/mbt.mv\/?p=6114","name":"State generates MVR1.86b, 13.2% increase in April 2023 - Maldives Business Times","isPartOf":{"@id":"https:\/\/mbt.mv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mbt.mv\/?p=6114#primaryimage"},"image":{"@id":"https:\/\/mbt.mv\/?p=6114#primaryimage"},"thumbnailUrl":"","datePublished":"2023-05-22T01:51:51+00:00","breadcrumb":{"@id":"https:\/\/mbt.mv\/?p=6114#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mbt.mv\/?p=6114"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/?p=6114#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/mbt.mv\/?p=6114#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mbt.mv\/"},{"@type":"ListItem","position":2,"name":"State generates MVR1.86b, 13.2% increase in April 2023"}]},{"@type":"WebSite","@id":"https:\/\/mbt.mv\/#website","url":"https:\/\/mbt.mv\/","name":"Maldives Business Times","description":"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.","publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mbt.mv\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mbt.mv\/#organization","name":"Maldives Business Times","url":"https:\/\/mbt.mv\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/","url":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","contentUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","width":1312,"height":736,"caption":"Maldives Business Times"},"image":{"@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/mvbiztimes","https:\/\/x.com\/mvbiztimes"]},{"@type":"Person","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2","name":"Mohamed Reehaan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","caption":"Mohamed Reehaan"},"url":"https:\/\/mbt.mv\/?author=4"}]}},"_links":{"self":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/6114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6114"}],"version-history":[{"count":0,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/6114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}