{"id":6349,"date":"2023-06-25T12:48:01","date_gmt":"2023-06-25T07:48:01","guid":{"rendered":"https:\/\/mbt.mv\/?p=6349"},"modified":"2023-06-25T12:48:01","modified_gmt":"2023-06-25T07:48:01","slug":"state-collects-mvr-1-71bn-revenue-in-may-mira","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=6349","title":{"rendered":"State collects MVR 1.71bn revenue in May: MIRA"},"content":{"rendered":"

Maldives government collected a reported total of MVR 1.71 billion revenue in May 2023, according to Maldives Inland Revenue Authority (MIRA).<\/p>\n

According to the taxation and revenue authority, the total collection recorded for the review month is a 30.4% increment compared to the same month in 2022. MIRA said that this increase is mainly attributed to the surge in the collection of TGST, Corporate Income Tax, GGST, Airport Development Fee and Departure Tax.<\/p>\n

The change in GST rate led to a higher collection of GST compared to May 2022, added MIRA. Moreover, tourist arrivals of April 2023 had increased by 13.1% compared to April 2022 that contributed to the TGST and Airport Taxes and Fees collection increase.<\/p>\n

Meanwhile, the revenue collection for the review month is a 1.8% increment from initial projection as well. This increment comes mainly because of the increase in the collection of Corporate Income Tax, Airport Development Fee and Departure Tax.<\/p>\n

Top Revenue Contributors<\/h1>\n
    \n
  1. GST:<\/strong> 63.59% | MVR 1,088,499,779<\/li>\n
  2. Income Tax:<\/strong> 12.41% | MVR 212,434,320<\/li>\n
  3. Airport Development Fee:<\/strong> 6.68% | MVR 114,341,778<\/li>\n
  4. Departure Tax:<\/strong> 5.91% | MVR 101,200,698<\/li>\n
  5. Green Tax:<\/strong> 4.85% | MVR 83,095,791<\/li>\n<\/ol>\n

    The tax revenues total for the review month stood at MVR 1.5 billion and non-tax revenue total at MVR 221.1 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Maldives government collected a reported total of MVR 1.71 billion revenue in May 2023, according to Maldives Inland Revenue Authority (MIRA). According to the taxation and revenue authority, the total collection recorded for the review month is a 30.4% increment compared to the same month in 2022. MIRA said that this increase is mainly attributed<\/p>\n","protected":false},"author":4,"featured_media":6350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[1310,1502,1603,1981,2038],"class_list":{"0":"post-6349","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-maldives-inland-revenue-authority","10":"tag-mira","11":"tag-non-tax-revenue","12":"tag-state-revenue","13":"tag-tax-revenue"},"yoast_head":"\nState collects MVR 1.71bn revenue in May: MIRA - 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=6349\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State collects MVR 1.71bn revenue in May: MIRA - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Maldives government collected a reported total of MVR 1.71 billion revenue in May 2023, according to Maldives Inland Revenue Authority (MIRA). According to the taxation and revenue authority, the total collection recorded for the review month is a 30.4% increment compared to the same month in 2022. MIRA said that this increase is mainly attributed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=6349\" \/>\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=\"2023-06-25T07:48:01+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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=6349#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"State collects MVR 1.71bn revenue in May: MIRA\",\"datePublished\":\"2023-06-25T07:48:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349\"},\"wordCount\":191,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Maldives Inland Revenue Authority\",\"MIRA\",\"Non Tax Revenue\",\"State Revenue\",\"Tax Revenue\"],\"articleSection\":[\"FINANCE\",\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=6349#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=6349\",\"url\":\"https:\/\/mbt.mv\/?p=6349\",\"name\":\"State collects MVR 1.71bn revenue in May: MIRA - Maldives Business Times\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2023-06-25T07:48:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mbt.mv\/?p=6349#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mbt.mv\/?p=6349\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/?p=6349#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mbt.mv\/?p=6349#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mbt.mv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State collects MVR 1.71bn revenue in May: MIRA\"}]},{\"@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 collects MVR 1.71bn revenue in May: MIRA - 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=6349","og_locale":"en_US","og_type":"article","og_title":"State collects MVR 1.71bn revenue in May: MIRA - Maldives Business Times","og_description":"Maldives government collected a reported total of MVR 1.71 billion revenue in May 2023, according to Maldives Inland Revenue Authority (MIRA). According to the taxation and revenue authority, the total collection recorded for the review month is a 30.4% increment compared to the same month in 2022. MIRA said that this increase is mainly attributed","og_url":"https:\/\/mbt.mv\/?p=6349","og_site_name":"Maldives Business Times","article_publisher":"https:\/\/www.facebook.com\/mvbiztimes","article_published_time":"2023-06-25T07:48:01+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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mbt.mv\/?p=6349#article","isPartOf":{"@id":"https:\/\/mbt.mv\/?p=6349"},"author":{"name":"Mohamed Reehaan","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2"},"headline":"State collects MVR 1.71bn revenue in May: MIRA","datePublished":"2023-06-25T07:48:01+00:00","mainEntityOfPage":{"@id":"https:\/\/mbt.mv\/?p=6349"},"wordCount":191,"commentCount":0,"publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"image":{"@id":"https:\/\/mbt.mv\/?p=6349#primaryimage"},"thumbnailUrl":"","keywords":["Maldives Inland Revenue Authority","MIRA","Non Tax Revenue","State Revenue","Tax Revenue"],"articleSection":["FINANCE","PUBLIC SECTOR"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mbt.mv\/?p=6349#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mbt.mv\/?p=6349","url":"https:\/\/mbt.mv\/?p=6349","name":"State collects MVR 1.71bn revenue in May: MIRA - Maldives Business Times","isPartOf":{"@id":"https:\/\/mbt.mv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mbt.mv\/?p=6349#primaryimage"},"image":{"@id":"https:\/\/mbt.mv\/?p=6349#primaryimage"},"thumbnailUrl":"","datePublished":"2023-06-25T07:48:01+00:00","breadcrumb":{"@id":"https:\/\/mbt.mv\/?p=6349#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mbt.mv\/?p=6349"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/?p=6349#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/mbt.mv\/?p=6349#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mbt.mv\/"},{"@type":"ListItem","position":2,"name":"State collects MVR 1.71bn revenue in May: MIRA"}]},{"@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\/6349","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=6349"}],"version-history":[{"count":0,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/6349\/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=6349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}