TGST, departure tax fall short of forecast

6 days ago

The Maldives Inland Revenue Authority (MIRA) has reported that revenue collected from Tourism Goods and Services Tax (TGST) and departure tax last month fell short of projections, despite strong tourist arrival numbers. According to MIRA’s latest monthly report, the agency collected MVR 4.45 billion in January 2026, an increase of 33.1 percent compared to the same month last year. However, the