MIRA Reports 1.89 Billion Rufiyaa Revenue for November, Marking a 13.2% Increase

Last November, the Maldives Inland Revenue Authority (MIRA) received 1.89 billion rufiyaa as revenue.

According to the statistics published by MIRA, this amount is 13.2% higher than the revenue received during the same period last year.

Comparing the revenue received in November of last year, the main reason for the increase in revenue this November is due to the increase in revenue from land acquisition and transfer fees, and lease period extension fees.

Furthermore, revenue from departure tax, airport development fee, and GST has also increased. GST contributes the largest portion of the revenue collected by MIRA in November. While 1.09 billion rufiyaa was received as GST, the second largest contribution comes from revenue received from land acquisition and transfer fees. This includes 171.62 million rufiyaa.

The revenue collected in November also includes 88.17 million US dollars.