MIRA collects MVR 1.1 billion during September 2016

MIRA collected MVR 1.11 billion in revenue during the September 2016. This is a 24.6% increment compared to September 2015.

The rise in collection was mainly contributed by the 40.6% share from GST (general and tourism sector) and 29.7% share from Tourism Land Rent. Revenue collected in USD add up to USD 51.9 million for September2016, which comprises 72% of the monthly collection.

Furthermore, the surge in collection complemented the monthly collection of September 2016 to surpass its projection by 0.3%. Major contributors for September have been the GST, Tourism Land Rent and BPT.

As of September 2016, the total revenue collection for the year 2016 sums to MVR 11.39 million, which is essentially a growth of 8.1% when compared against the corresponding period of 2015.GST shared 41.1% contribution, while BPT backed 21.8% of the total collection.

11 Oct 16