The Maldives Inland Revenue Authority (MIRA) received MVR 3.38 billion in revenue last month.

According to statistics released by MIRA, this amount is 15.1 percent more than the revenue received in March 2024. It is also 26.2 percent more than the amount projected for that month.

The largest share of revenue collected by MIRA in March was from GST. That is 57 percent or MVR 1.5 billion. The next largest revenue was from Tourism Land Rent, which was MVR 384.2 million.

Due to the increase in Green Tax from January this year, a large amount was also received as Green Tax this month. That is eight percent of the revenue. MVR 270 million was received as Green Tax in March. This is double the amount compared to March last year.

The revenue received in the three months since the Green Tax increase has also doubled compared to the same period last year. MIRA statistics show that MVR 527 million was received as Green Tax in the past three months.

While the amendments to the laws passed by the People's Majlis came into effect last November, Green Tax has increased to 100 percent from this year.

Accordingly, tourism service providers or guesthouses with less than 50 rooms now charge six dollars instead of three dollars. Resorts charge 12 dollars per tourist instead of six dollars. However, Green Tax is not charged for children under two years among tourists. According to the government, this change will bring an additional MVR 964 million in revenue to the state.