New year kicks-off with higher tax rates in Maldives
Maldives - From today onward, taxes on services and goods will be increased and new tax rates will come into effect. The 6th Amendment to the Maldives Goods and Services… Continued
Tax hike bill
Tax hike not likely to harm tourism sector: TEAM
Malé, Maldives - Tourism Employees Association of Maldives (TEAM) has said that the increase in TGST from 12 per cent to 16 per cent will not harm the tourism sector.… Continued
TGST hike will bring positive changes in reserves: Gov’t
Malé, Maldives - President's Office Spokesperson Miuvan Mohammed has said that the increase in TGST will bring positive changes to the government's foreign exchange reserves. Replying to a question from… Continued
Parliament passes Tax Hike bill
Malé, Maldives - Parliament votes to go ahead with government’s proposal to increase GST and TGST. The government had proposed to increase GST and TGST from January next year. Amendment… Continued
Tax Hike vote delayed, Pro-Gov’t MP’s criticize Speaker
Malé, Maldives - Parliament session has been concluded without taking the vote on government’s proposal to increase GST and TGST for the second consecutive day. The government has proposed to… Continued
Parliament session cut short without taking Tax Hike Bill vote
Malé, Maldives - Todays session of Parliament has been concluded without taking the vote on government's proposal to increase GST and TGST. The government has proposed to increase GST and… Continued
Senior MDP MP calls to stop tax hike
Malé, Maldives - MP for West Henveyru constituency, Hassan Latheef has called on President Ibrahim Mohammed Solih to stop the tax increase from next year. The government has proposed to… Continued
Tax hike will directly benefit people: Gov’t
Malé, Maldives - Spokesperson of the President’s Office Miuvan Mohamed has said that the tax changes will directly benefit the people of Maldives. The government has introduced a bill to… Continued
Only solution is increasing taxes: MP Aslam
Malé, Maldives - Leader of the Maldivian Democratic Party’s (MDP) Parliamentary Group, MP Mohamed Aslam on Thursday told that increasing the taxes was the only solution to manage government expenditure.… Continued
MDP’s 3-line whip for tax hike bill, PG leader assures room for amendments
Malé, Maldives - Leader of the Maldivian Democratic Party’s (MDP) Parliamentary Group, MP Mohamed Aslam has assured that amendments can be put forward despite the three-line whip to pass the… Continued
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