Budget 2023
Revenue
Proposed Budget
Maldives Inland revenue Authority
In rufiyaa
2021
2022
2023
2024
2025
Actual
Revised
Budgeted
Budgeted
Budgeted
Total Revenue
14,688,669,520
19,133,245,540
-
-
-
Tax Revenue
11,002,352,474
14,505,033,059
-
-
-
Import Duties
-
-
-
-
-
Import Duty - Private Parties
-
-
-
-
-
Import Duty - Government Agencies
-
-
-
-
-
Export Duties
-
-
-
-
-
Export Duty - Private Parties
-
-
-
-
-
Export Duty - Government Agencies
-
-
-
-
-
Business and Property Tax
2,748,814,704
4,200,781,762
-
-
-
Tourism Tax
-
-
-
-
-
Land Sales Tax
37,500
-
-
-
-
Business Profit Tax
1,105,710,164
2,075,283,354
-
-
-
Ownership Transfer Tax
6,514,450
5,217,500
-
-
-
Bank Profit Tax
675,071,083
901,259,957
-
-
-
Withholding Tax
741,250,007
920,597,330
-
-
-
Individual Income Tax
217,138,767
298,423,621
-
-
-
Transport Operator Income Tax
3,092,733
-
-
-
-
Goods and Services Tax
7,733,319,067
9,482,192,709
-
-
-
Tourism Goods and Services Tax
5,247,672,844
6,411,383,089
-
-
-
Goods and Services Tax
2,485,646,223
3,070,809,620
-
-
-
Royalties
45,717,210
53,478,070
-
-
-
Duty-Free Shop Royalty
45,588,709
53,478,070
-
-
-
Fuel Re-Export Royalty
128,501
-
-
-
-
Re-Export Royalty
-
-
-
-
-
Foreign Trade Royalty
-
-
-
-
-
Foreign Fishing Royalty
-
-
-
-
-
Foreign Investment Royalty
-
-
-
-
-
Garment Industries Royalty
-
-
-
-
-
Bullion Royalty
-
-
-
-
-
Yellowfin Tuna Export Royalty
-
-
-
-
-
Fish Export Royalty
-
-
-
-
-
Other Taxes and Duties
474,501,493
768,580,518
-
-
-
Sale of Revenue Stamps
971,827
-
-
-
-
Green Tax
1
-
-
-
-
Airport Tax
-
-
-
-
-
Airport Service Charges
473,428,444
768,566,633
-
-
-
Remittance Tax
101,221
13,885
-
-
-
Miscellaneous Taxes and Duties
-
-
-
-
-
Non Tax Revenue
3,674,245,209
4,613,457,593
-
-
-
Fees and Charges
822,464,160
1,700,177,928
-
-
-
Company Annual Fee
18,547,340
18,462,864
-
-
-
Restaurant, Cafe, Canteen Fee
2,100
-
-
-
-
Non-Fisheries Vessel Fee
26,310,800
18,472,761
-
-
-
Certificate Fee
-
-
-
-
-
Charges for Providing Seal
-
-
-
-
-
Survey Fee
-
-
-
-
-
Customs Surcharge
-
-
-
-
-
Transfer of Goods
-
-
-
-
-
Intransit Fee
-
-
-
-
-
Bonded Warehouse Fee
-
-
-
-
-
Release of Staff
-
-
-
-
-
Form Printing Fee
-
-
-
-
-
Advertisement By Government
-
-
-
-
-
Advertisement By Private Parties
-
-
-
-
-
Announcements By Government
-
-
-
-
-
Recording Fee
-
-
-
-
-
Sponsorship of Programmes
-
-
-
-
-
Hire of Sound System
-
-
-
-
-
Approval of Movies and TV Serials
-
-
-
-
-
Approval of Songs In Local Films
-
-
-
-
-
Driving Test Fee
-
-
-
-
-
Seaman Watchkeeping Stamp
-
-
-
-
-
Seaman Agency Change Fee
-
-
-
-
-
Ship, Boat Numbers
-
-
-
-
-
Landing Charges
-
-
-
-
-
Handling Charges
-
-
-
-
-
Birth Registration Fee
-
-
-
-
-
Birth Certificate Issuance
-
-
-
-
-
Parking Charges
-
-
-
-
-
Disposal of Waste
-
-
-
-
-
Market Fee
-
-
-
-
-
Dividing Housing Plots
-
-
-
-
-
Drawing Chart
-
-
-
-
-
Pay Toilet Charges
-
-
-
-
-
Providing Seal on Measuring Instruments
-
-
-
-
-
Music and Cable TV at Exhibitions
-
-
-
-
-
Passport Cancellation Fee
-
-
-
-
-
Sale of Training Centre Products
-
-
-
-
-
Conducting Marriage Outside The Court
-
-
-
-
-
Court Fee
-
-
-
-
-
Photocopy Charges
-
-
-
-
-
Telephone Call, Telex, Telefax Charges
-
-
-
-
-
Sale of Tender Documents
1,105,717
907,770
-
-
-
Billboard and Advertisement Charges
-
-
-
-
-
Express Service Charges
-
-
-
-
-
School Fee
-
-
-
-
-
Boarding Fee
-
-
-
-
-
Course Fee and Examination Fee
-
-
-
-
-
Examination Paper Re-evaluation Fee
-
-
-
-
-
Charges for Testing Quality of Bricks
-
-
-
-
-
Approval of Advertisment
-
-
-
-
-
Approval of Books
-
-
-
-
-
Political Candidates' Deposit
-
-
-
-
-
Use of Male' T-Jetty
-
-
-
-
-
Flat Maintenance
460,191
529,087
-
-
-
Consultation Fee
-
-
-
-
-
Medical Check-Up Fee
-
-
-
-
-
Ambulance Fee
-
-
-
-
-
Hospital Ward Fee
-
-
-
-
-
X-Ray Fee
-
-
-
-
-
Charges for Dental Services
-
-
-
-
-
E.C.G. Fee
-
-
-
-
-
Operation and Surgery Fee
-
-
-
-
-
Charges for Laboratory Tests
-
-
-
-
-
Health Record Issuance
-
-
-
-
-
Dressing and Injection Charges
-
-
-
-
-
Scan Fee
-
-
-
-
-
Physiotherapy Fee
-
-
-
-
-
Labour Fee
-
-
-
-
-
Endoscopy Charges
-
-
-
-
-
Refraction
-
-
-
-
-
C.T. Scan Fee
-
-
-
-
-
ID Card Issuance
-
-
-
-
-
Sale of Ticket
-
-
-
-
-
Sale of Pass
2,672,856
2,443,652
-
-
-
Residential Permit
49,822,980
4,396,900
-
-
-
Permission for air travel within Maldives
-
-
-
-
-
Partnership Annual Fee
-
-
-
-
-
Import Trade Fee
47,913
-
-
-
-
Fees for Changing Name
-
-
-
-
-
Electricity Charges Received
-
-
-
-
-
Local Transport Surcharge
-
-
-
-
-
Charges for Pvoviding Statistics
-
-
-
-
-
Dry Dock Charges
-
-
-
-
-
Co-operative Society Annual Fee
6,600
10,800
-
-
-
Co-operative Society Registration Fee
1,200
1,200
-
-
-
Social Health Insurance Claims
-
-
-
-
-
Trade Registry Fee
1,942,900
2,309,598
-
-
-
Foreign Investment Administration Annual Fee
6,985,619
6,530,650
-
-
-
Processing charge
-
-
-
-
-
Import Vessel Fee
-
-
-
-
-
Lease period extension
230,200,000
843,950,000
-
-
-
Construction period extension fee
-
-
-
-
-
Airport development fee
483,012,012
779,904,974
-
-
-
Corporate social responsibility fee
-
275,940
-
-
-
Tourism Administration fee
-
16,862,000
-
-
-
Trauma service
-
-
-
-
-
Dermatology Service
-
-
-
-
-
Cardiac Service
-
-
-
-
-
Admission Fee
-
-
-
-
-
Light Dues
-
-
-
-
-
Fee for Sand mined from beaches
-
-
-
-
-
Sovereign Guarantee Fee
-
-
-
-
-
Other Contribution to SDF
-
-
-
-
-
Expatriate Quota Fee
-
-
-
-
-
Revenue Clearing Account
-
169,936
-
-
-
Other Fees and Charges
1,345,932
4,949,796
-
-
-
Revenue Fee
-
-
-
-
-
Registration and Licence Fees
457,600,136
510,597,429
-
-
-
Company Registration Fee
3,428,241
3,310,109
-
-
-
Partnership Registration Fee
388,500
318,100
-
-
-
Auditors Registration Fee
-
-
-
-
-
Guest House Registration Fee
1,263,500
516,000
-
-
-
Training Centre Registration Fee
-
-
-
-
-
Foreign Trading Approval Fee
-
-
-
-
-
Dive School Registration Fee
105,000
100,000
-
-
-
Club, Association Registration Fee
-
-
-
-
-
Clinic Registration Fee
-
-
-
-
-
Duty Free Concession Fee
-
-
-
-
-
Expatriate Fishing Fee
-
-
-
-
-
Work Permit Fee
325,665,370
451,883,744
-
-
-
Driving Licence Issuance
-
-
-
-
-
Motor Vehicle Licence Fee
112,924,959
45,737,797
-
-
-
Desalination Plant Licence Fee
-
-
-
-
-
Telecom License Fees
-
-
-
-
-
Registration Fee
120,000
155,000
-
-
-
Cancellation of Registration
-
-
-
-
-
Bank Mortgage Registration Fee
510,000
640,000
-
-
-
Marriage Registration
-
-
-
-
-
Renewal of Land Registry
-
-
-
-
-
Certificate to Register As A Male' Citizen
-
-
-
-
-
Misc. Certificates Issued In Male for Islands
-
-
-
-
-
Permission to Send Foreign Workers to Islands
-
-
-
-
-
Vessels Anchored In Male' Lagoon
-
-
-
-
-
Port Fee
-
-
-
-
-
Seaman Agreement Registration
-
-
-
-
-
Seaman Registration
-
-
-
-
-
Postage Control Permission
-
-
-
-
-
Copyright Registration fee
-
-
-
-
-
Inwar & Outward clearance fee
-
-
-
-
-
Loading & Unloading fee
-
-
-
-
-
Dewatering permit fee
-
-
-
-
-
Sole Traders Registration fee
2,480,900
3,111,663
-
-
-
Employment Agency Registration fee
-
-
-
-
-
Other Registration & Licence Fees
8,157,166
2,328,286
-
-
-
Online Business and Activity Registration Fee
2,556,500
2,496,730
-
-
-
Proceeds from Sales
-
-
-
-
-
Sale of Books, News Papers, Magezines Etc
-
-
-
-
-
Sale of Gazette, Law, Regulation
-
-
-
-
-
Sale of Calendar,Souvenir Etc
-
-
-
-
-
Sale of Official Forms
-
-
-
-
-
Sale of Historical Books Etc
-
-
-
-
-
Sale of C.D.C
-
-
-
-
-
Sale of Passport and E.C.
-
-
-
-
-
Sale of Trees and Timber
-
-
-
-
-
Sale of Sand, Coral, Stone Etc
-
-
-
-
-
Sale of Water
-
-
-
-
-
Other Sales
-
-
-
-
-
Property Income
2,210,523,015
2,290,304,766
-
-
-
Rent from Goifaalabba, Hinna
5,395,241
2,197,296
-
-
-
Rent from Government Buildings
1,841,374
1,695,031
-
-
-
Rent from Resorts
2,072,300,827
2,029,206,159
-
-
-
Rent from Land for Commmercial Purposes
87,036,034
83,159,848
-
-
-
Rent from Land for Industry
396,696
390,990
-
-
-
Rent from Government Vessels
-
-
-
-
-
Rent from Helipads
-
-
-
-
-
Rent from Islands for Long Term Agriculture
15,053,103
15,663,020
-
-
-
Rent from Floating Jetty
24,000
-
-
-
-
Uninhabited Island Administration Fee
-
-
-
-
-
Uninhabited Islands Rent (to ctzn of the Island)
-
-
-
-
-
Land acquisition and conversion fee
28,475,740
157,992,422
-
-
-
Rent from Public Places
-
-
-
-
-
Other Rent and Property Income
-
-
-
-
-
Fines and Penalties
183,556,349
99,841,423
-
-
-
Fine-Breach of Law
94,284,340
60,400,008
-
-
-
Fine-Breach of Regulation
8,366,428
5,081,710
-
-
-
Fine-Breach of Agreement
53,326,216
5,603,834
-
-
-
Late fine deducted from Salaries
32,881
50,000
-
-
-
Dharanyaai Qazziyya joorimanaa
-
-
-
-
-
Traffic Violation Charges
27,532,560
28,700,950
-
-
-
Vehicle Impounding Fee
-
-
-
-
-
Other Fine or Penalty
13,924
4,921
-
-
-
Interest, Profit and Dividends
-
-
-
-
-
Subsidiary Loan Interest received
-
-
-
-
-
Short term Loan Interest received
-
-
-
-
-
Transfers by MMA
-
-
-
-
-
Div. - Island Aviation Services Ltd
-
-
-
-
-
Div. - Maldives National Shipping Ltd.
-
-
-
-
-
Div. - Hulhumale Development Corporation
-
-
-
-
-
Div. - Maldives Ports Ltd.
-
-
-
-
-
Div. - Maldives Airports Company Ltd
-
-
-
-
-
Div. - Maldives Post Ltd
-
-
-
-
-
Div. - Dhivehiraajjeyge Gulhun Pvt. Ltd.
-
-
-
-
-
Div. - State Trading Organisation Plc.
-
-
-
-
-
Div. - State Electric Company Ltd.
-
-
-
-
-
Div. - Public Works Services
-
-
-
-
-
Div. - Maldives Transport and Contracting Co. Ltd.
-
-
-
-
-
Div. - Nasandhura Palace Hotel
-
-
-
-
-
Div. - Maldives Inflight Catering
-
-
-
-
-
Div. - Maldives Industrial Fisheries Co. Ltd.
-
-
-
-
-
Div. - Bank of Maldives Plc.
-
-
-
-
-
Div. - Maldives Tourism Development Corporation
-
-
-
-
-
Div. - Housing Development Financing Corporation
-
-
-
-
-
Div. - Maldives Water and Sewerage Company Ltd.
-
-
-
-
-
Div. - Addu Investments Pvt. Ltd.
-
-
-
-
-
Div. - Madivaru Holdings
-
-
-
-
-
Div. - Air Maldives Ltd.
-
-
-
-
-
Div. - Vilingili Investments Pvt. Ltd.
-
-
-
-
-
Div. - Hulhumale Integrated Economic Zone
-
-
-
-
-
Div. - Gulhi Falhu Industrial Zone Ltd.
-
-
-
-
-
MMA Exchange Profit
-
-
-
-
-
Dividend -SOEs & Public Enterprises
-
-
-
-
-
Div. - Koohdoo Fisheries
-
-
-
-
-
Other Interest, Profit or Dividend Received
-
-
-
-
-
Miscellaneous Non-Tax Revenues
101,549
12,536,047
-
-
-
Cash Received for Which Purpose Is Unknown
79,444
450,357
-
-
-
Reimbursement from Previous Year Budget
22,105
2,335
-
-
-
Subscription, Membership Fee Etc
-
-
-
-
-
Subsidiary Loan Repayment
-
-
-
-
-
Compensation of Losses to Government Assets
-
-
-
-
-
Recovery from unclaimed items
-
-
-
-
-
Zakath
-
-
-
-
-
Donations Received
-
31,361
-
-
-
Receipts to Integrated Transport Network Fund
-
-
-
-
-
Transferred Balance
-
-
-
-
-
Government Contribution to Fishermen insurance
-
-
-
-
-
Fisherman Subsidy Premium
-
-
-
-
-
Zakath al Mal
-
12,051,994
-
-
-
Zakath al Fitr
-
-
-
-
-
Other miscellaneous non-tax revenue
-
-
-
-
-
Refund of Miscellaneous Receipts
-
-
-
-
-
Gains
-
-
-
-
-
Gains on Exchange Rates
-
-
-
-
-
Gains on Investment Revaluation
-
-
-
-
-
Gain on Sale of Government Property
-
-
-
-
-
Gain on Sale of Government Land
-
-
-
-
-
Gain on Sale of Sale of Capital Assets
-
-
-
-
-
Gain on Sale of Other Asset
-
-
-
-
-
Gain on Sale of Equity in Public Enterprises
-
-
-
-
-
Gains-Other
-
-
-
-
-
Proceeds from Investments
-
-
-
-
-
Proceeds From Sale
12,071,837
14,754,888
-
-
-
Proceeds from Sale of Assets
12,071,837
14,754,888
-
-
-
Sale of items at auction
-
-
-
-
-
Sale of Government Building
299,622
117,092
-
-
-
Sale of Government Land
11,772,215
14,637,796
-
-
-
Sale of Capital Assets
-
-
-
-
-
Sale of Other Asset
-
-
-
-
-
Grants
-
-
-
-
-
Cash Grants
-
-
-
-
-
Cash Grants - Bilateral
-
-
-
-
-
Cash Grants - Multilateral
-
-
-
-
-
Cash Grants - Voluntary Organisation
-
-
-
-
-
In-Kind Grants
-
-
-
-
-
In-Kind Grants - Bilateral
-
-
-
-
-
In-Kind Grants - Multilateral
-
-
-
-
-
In-Kind Grants - Voluntary Organisation
-
-
-
-
-
Capital Project Grants
-
-
-
-
-
Capital Project Grant - Bilateral
-
-
-
-
-
Capital Project Grant - Multilateral
-
-
-
-
-
Capital Project Grant - Voluntary Organisation
-
-
-
-
-
Other Grants
-
-
-
-
-
Other Grant - Bilateral
-
-
-
-
-
Other Grant - Multilateral
-
-
-
-
-
Other Grant - Voluntary Organisation
-
-
-
-
-
Total Revenue
In Billion Rufiyaa
Breakdown for year: 2023