Resorts_lease_extention

Resorts Lease Extention

MIRA records MVR 1.15 billion in November

11 Dec 2019

MIRA records MVR 1.15 billion in November

11 Dec 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

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

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

TGST

Act amendment to tax offshore booking platforms, agents

If the bill is passed and tax imposed, it is estimated that the state will see an yearly increase of MVR 16 billion, which comes from the MVR 299.3 million from foreign travel agents and MVR 13 billion from foreign tour operators.

16 Aug 2026

Umar Shan Shafeeq

TGST revised to 17%, effective from July 1

2 Jul 2025

T-GST revenue drops 7.5 percent in first two months of 2025

30 Mar 2025

President ratifies bills to hike up tourism and airport tax

5 Nov 2024

Parliament passes bills to raise tourism related taxes

31 Oct 2024

mihaaru.com