Maldives Inland Revenue Authority (MIRA) report a total revenue collection of MVR994.12 million for the month of February 2021.
Moreover, the taxation and revenue authority note the total collection saw a decrement of 30.9% in comparison with the corresponding month of 2020.
MIRA reports the dwindle in revenue is subject to the prevalence of Covid-19 pandemic.
Furthermore, major tax sources observe decline in the review month as well.
Although revenue saw drop in comparison with corresponding month of 2020, it is still a 41.2% increment from the initial projection.
Meanwhile, state made a collection of 41.71 million in US Dollars.
Total tax revenue collection in review month stood at MVR886.4 million, whereas non-tax total stood at 107.7 million.
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