State revenue reaches MVR 8.5 billion
4 މެއި 2022 | ބުދަ 12:14Income generated from tax reaches MVR 5.9 billion
finance ministry
Ministry of Finance revealed that the state has received MVR 8.5 billion as revenue, so far this year.
Statistics revealed by the Ministry of Finance show that the state had earned MVR 8.5 billion by 21st April 2022, compared to MVR 6.4 billion received as revenue during the same period last year.
The Ministry's statistics show that income generated from tax has reached MVR 5.9 billion. As such, the state received MVR 796.8 million as General Goods and Services Tax and MVR 2.5 billion as Tourism Goods and Services Tax. Moreover, MVR 1.2 billion was generated as Business and Property Tax.
While the sate earned MVR 797.2 million as Import Duties, statistics show that MVR 207.5 million was earned as Airport Service Charge.
The state received MVR 2.7 billion as Non-Tax Revenue, according to the Finance Ministry.
Statistics show that Maldivian state received MVR 5.4 million as capital receipts and MVR 80.7 million as Grants, so far this year.
