Income tax jumps 31.6 percent this year

1 week ago

Income tax collections in the first five months of this year rose by 31.6 percent compared to the same period last year, according to new figures released by the Maldives Inland Revenue Authority (MIRA). MIRA’s data shows income tax collections reached MVR 2.75 billion by the end of May, up from MVR 2.09 billion in the same period last year. The