Bank_profit_tax - The Edition

Bank Profit Tax

BML reports positive performance for 2021's first quarter

2 May 2021

Government earns MVR 1 billion in May

13 Jun 2019

State revenue at MVR 1.27 billion in Feb 2019

19 Mar 2019

BML reports positive performance for 2021's first quarter

2 May 2021

Government earns MVR 1 billion in May

13 Jun 2019

State revenue at MVR 1.27 billion in Feb 2019

19 Mar 2019

MIRA

Outstanding payments owed to state rise to MVR 14.5 billion

The authority typically recovers unpaid amounts through enforcement measures, including issuing notices and freezing bank accounts.

28 Jul 2026

Malika Shahid

Applications open for MIRA Deputy Commissioner post

22 Jul 2026

MIRA gets first female Commissioner

19 Jul 2026

Dollar revenue in first half of 2026 reach USD 868 million

11 Jul 2026

Haleem, Ameeza nominated for CG of Taxation

6 Jul 2026

Government Revenue

Revenue for the first two months increases by 29 percent

The state received USD 222.8 million during this period.

3 Mar 2026

Shazma Thaufeeq

State spending down 15 percent as capital expenditure falls

3 Sept 2025

Govt revenue declines by 19 percent, import duties plunge

16 Feb 2025

Aasandha and subsidy expenses decrease following measures

16 Dec 2024

Dredging fee to be charged for commercial land reclamation

27 Aug 2024

GST

Concerns over prepayment of GST raised in parliament

A motion has been submitted to parliament raising concerns of businesses having to pay GST to the State before payments for goods and services are received.

16 Jun 2025

Mariyath Mohamed

GST bump will propel inflation rate: Finance Minister

6 Jul 2022

Amendment to slash taxes on menstrual product

27 Nov 2018

Tax

Bill on non-resident withholding tax to 10 percent ratified

While detailing the reason why the acts needed to be put into force after the bills were ratified, President Muizzu said that increasing the Withholding Tax will serve as a form of major progress for Maldivian construction companies.

31 Aug 2026

Umar Shan Shafeeq

Bill to increase non-resident withholding tax to 10% passed

23 Aug 2026

Act amendment to tax booking platforms, travel agents passes

23 Aug 2026

Bill to increase Non-resident Withholding Tax to 10 percent

17 Aug 2026

State received USD 120 million from resort lease extensions

4 Jul 2026

mihaaru.com

Bank Profit Tax

BML reports positive performance for 2021's first quarter

Government earns MVR 1 billion in May

State revenue at MVR 1.27 billion in Feb 2019

BML reports positive performance for 2021's first quarter

Government earns MVR 1 billion in May

State revenue at MVR 1.27 billion in Feb 2019

MIRA

Outstanding payments owed to state rise to MVR 14.5 billion

Applications open for MIRA Deputy Commissioner post

MIRA gets first female Commissioner

Dollar revenue in first half of 2026 reach USD 868 million

Haleem, Ameeza nominated for CG of Taxation

Government Revenue

Revenue for the first two months increases by 29 percent

State spending down 15 percent as capital expenditure falls

Govt revenue declines by 19 percent, import duties plunge

Aasandha and subsidy expenses decrease following measures

Dredging fee to be charged for commercial land reclamation

GST

Concerns over prepayment of GST raised in parliament

GST bump will propel inflation rate: Finance Minister

Amendment to slash taxes on menstrual product

Tax

Bill on non-resident withholding tax to 10 percent ratified

Bill to increase non-resident withholding tax to 10% passed

Act amendment to tax booking platforms, travel agents passes

Bill to increase Non-resident Withholding Tax to 10 percent

State received USD 120 million from resort lease extensions

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