MIRA collects MVR 1.31 billion as revenue in April

MIRA collected MVR 1.31 billion in April 2019. This amount is 12.6% more than the amount received for the same month last year and 6.3% more than the forecast for April 2019.

The reason for the increase in revenue collected compared to the same period last year is due to receipt of dues from previous deadlines. Similarly, due to receipt of dues in April 2019 for TGST, GGST, BPT and Tourism Land Rent, monthly revenue surpassed the forecasted revenue for April 2019.

The greatest share of the revenue collected for January 2019 was from GST with MVR 875.69 million or 67.1% of total revenue. The second largest contributor was Green Tax (MVR 83.6 million or 6.4%). Other significant contributors include Airport Development Fee (MVR 70.65 million or 5.4%), Airport Service Charge (MVR 70.13 million or 5.4%), BPT (MVR 69.72 million or 5.3%) and other taxes and fees (MVR 135.88 or 10.4%).

Out of the revenue collected in April 2019, USD 55.9 million constitutes the dollar collection. 

 

 

12 May 19