The Maldives Inland Revenue Authority collected MVR6.5 billion (US$421 million) in the first five months of 2016, an increase of 13 percent compared to the same...
"A 9.7 percent shortfall in revenue collection for December 2015 compared to the projection was observed for Green Tax, tourism sector GST and airport service charge....
While MVR21.5 billion was expected in revenue this year, Finance Minister Abdullla Jihad said the government will only have earned MVR17.7 billion by the end of...
Revenue collection declined in May due to a decrease in tourist arrivals and decline in revenue from Business Profit Tax. The government expenses rose due to...