Corporate Income Tax

2 articles

President Muizzu and his Cabinet ministers attend a Cabinet meeting.

Recurrent expenditure rises 17.2 percent to MVR 31.35 billion, with MVR 5.56 billion spent on salaries and allowances!

President Muizzu has stated that measures are being taken to reduce government spending. However, state expenditures have increased by 19.3 percent compared to last year, reaching 28.74 billion Rufiyaa.

Expenditure on salaries and allowances reaches MVR 9.39bn, marking an 11.1 percent increase compared to last year!