Budget 2022
Revenue
Approved by People's Majilis
Maldives Inland revenue Authority
In rufiyaa
2020
2021
2022
2023
2024
Actual
Revised
Budgeted
Budgeted
Budgeted
Total Revenue
10,041,599,272
13,454,649,991
15,092,594,320
15,917,832,519
17,128,595,353
Tax Revenue
8,283,977,841
10,329,957,559
11,279,587,314
12,555,187,750
13,755,907,735
Import Duties
-
-
-
-
-
Import Duty - Private Parties
-
-
-
-
-
Import Duty - Government Agencies
-
-
-
-
-
Export Duties
-
-
-
-
-
Export Duty - Private Parties
-
-
-
-
-
Export Duty - Government Agencies
-
-
-
-
-
Business and Property Tax
3,655,448,890
2,664,510,641
2,711,316,012
3,154,846,377
3,577,176,431
Tourism Tax
-
-
-
-
-
Land Sales Tax
961,258
-
-
-
-
Business Profit Tax
2,133,989,884
1,046,106,393
1,232,055,384
1,543,846,075
1,850,716,034
Ownership Transfer Tax
-
6,437,700
6,437,700
6,437,700
6,437,700
Bank Profit Tax
953,699,643
658,507,866
603,382,376
636,713,603
669,380,239
Withholding Tax
483,570,046
742,330,711
661,655,058
745,600,565
817,205,407
Individual Income Tax
83,199,879
208,007,132
204,573,639
219,036,579
230,225,196
Transport Operator Income Tax
28,180
3,120,839
3,211,855
3,211,855
3,211,855
Goods and Services Tax
4,306,755,710
7,206,490,322
7,699,366,024
8,412,787,065
9,123,344,096
Tourism Goods and Services Tax
2,220,152,020
4,699,141,650
4,821,849,521
5,243,709,506
5,662,082,694
Goods and Services Tax
2,086,603,690
2,507,348,672
2,877,516,503
3,169,077,559
3,461,261,402
Royalties
25,936,276
43,457,556
52,001,624
56,158,559
60,638,342
Duty-Free Shop Royalty
25,837,393
43,457,556
52,001,624
56,158,559
60,638,342
Fuel Re-Export Royalty
98,883
-
-
-
-
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
295,836,965
415,499,040
816,903,654
931,395,749
994,748,866
Sale of Revenue Stamps
3,527,209
2,321,504
-
-
-
Green Tax
-
-
-
-
-
Airport Tax
-
-
-
-
-
Airport Service Charges
283,339,592
413,076,315
769,200,772
874,152,291
960,288,932
Remittance Tax
8,970,164
101,221
-
-
-
Miscellaneous Taxes and Duties
-
-
47,702,882
57,243,458
34,459,934
Non Tax Revenue
1,748,999,706
3,112,221,076
3,801,085,513
3,351,496,010
3,361,529,685
Fees and Charges
731,356,812
523,477,552
991,550,237
1,105,680,495
1,202,842,667
Company Annual Fee
15,594,620
17,756,135
17,454,592
17,782,221
17,782,221
Restaurant, Cafe, Canteen Fee
600
-
-
-
-
Non-Fisheries Vessel Fee
24,941,894
27,543,416
-
-
-
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
69,120
972,233
-
-
-
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
408,101
478,509
499,215
471,180
478,509
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
2,336,864
2,529,112
2,529,112
2,529,112
2,529,112
Residential Permit
243,551,560
46,049,050
-
-
-
Permission for air travel within Maldives
-
-
-
-
-
Partnership Annual Fee
-
-
-
-
-
Import Trade Fee
2,935
13,325
-
-
-
Fees for Changing Name
-
-
-
-
-
Electricity Charges Received
-
-
-
-
-
Local Transport Surcharge
-
-
-
-
-
Charges for Pvoviding Statistics
-
-
-
-
-
Dry Dock Charges
-
-
-
-
-
Co-operative Society Annual Fee
7,000
6,200
7,000
7,000
7,000
Co-operative Society Registration Fee
600
1,000
1,600
1,600
1,600
Social Health Insurance Claims
-
-
-
-
-
Trade Registry Fee
1,662,620
2,246,957
2,164,372
2,142,728
2,164,372
Foreign Investment Administration Annual Fee
3,196,225
5,984,067
4,825,800
3,983,200
4,749,200
Processing charge
-
-
-
-
-
Import Vessel Fee
-
-
-
-
-
Lease period extension
153,500,000
-
-
-
-
Construction period extension fee
-
-
-
-
-
Airport development fee
285,888,290
419,399,750
769,200,772
874,152,291
960,288,932
Corporate social responsibility fee
-
-
-
-
-
Tourism Administration fee
-
-
-
-
-
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
-
-
194,867,774
204,611,163
214,841,721
Revenue Clearing Account
-
-
-
-
-
Other Fees and Charges
196,383
497,798
-
-
-
Revenue Fee
-
-
-
-
-
Registration and Licence Fees
117,653,729
322,953,342
452,368,831
456,835,348
465,723,837
Company Registration Fee
3,496,482
3,051,255
3,533,906
3,528,575
3,528,575
Partnership Registration Fee
462,000
230,500
142,800
145,656
158,000
Auditors Registration Fee
-
-
-
-
-
Guest House Registration Fee
519,000
1,080,500
1,080,500
1,080,500
1,080,500
Training Centre Registration Fee
-
-
-
-
-
Foreign Trading Approval Fee
-
-
-
-
-
Dive School Registration Fee
130,000
95,000
101,719
146,250
101,719
Club, Association Registration Fee
-
-
-
-
-
Clinic Registration Fee
-
-
-
-
-
Duty Free Concession Fee
-
-
-
-
-
Expatriate Fishing Fee
-
-
-
-
-
Work Permit Fee
-
308,066,566
440,789,125
445,197,016
454,100,957
Driving Licence Issuance
-
-
-
-
-
Motor Vehicle Licence Fee
102,954,152
-
-
-
-
Desalination Plant Licence Fee
-
-
-
-
-
Telecom License Fees
-
-
-
-
-
Registration Fee
95,000
117,500
117,500
117,500
117,500
Cancellation of Registration
-
-
-
-
-
Bank Mortgage Registration Fee
620,000
450,625
450,625
450,625
450,625
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
2,315,800
2,450,123
2,607,674
2,607,674
2,607,674
Employment Agency Registration fee
-
-
-
-
-
Other Registration & Licence Fees
6,031,795
5,523,273
1,656,982
1,673,552
1,690,287
Online Business and Activity Registration Fee
1,029,500
1,888,000
1,888,000
1,888,000
1,888,000
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
772,141,057
2,124,252,690
2,317,884,152
1,759,923,197
1,669,749,587
Rent from Goifaalabba, Hinna
2,992,971
5,671,159
4,425,753
5,073,698
5,643,400
Rent from Government Buildings
1,689,040
2,138,765
2,512,561
2,219,128
2,138,765
Rent from Resorts
700,683,983
1,997,021,650
1,760,863,870
1,257,037,158
1,257,037,158
Rent from Land for Commmercial Purposes
48,186,506
83,458,957
82,859,119
78,651,680
85,739,415
Rent from Land for Industry
5,700,468
1,626,171
3,770,644
2,833,328
3,770,644
Rent from Government Vessels
-
-
-
-
-
Rent from Helipads
-
-
-
-
-
Rent from Islands for Long Term Agriculture
8,902,291
15,536,396
15,396,205
15,396,205
15,396,205
Rent from Floating Jetty
52,000
24,000
24,000
24,000
24,000
Uninhabited Island Administration Fee
-
-
-
-
-
Uninhabited Islands Rent (to ctzn of the Island)
-
-
-
-
-
Land acquisition and conversion fee
3,933,798
18,775,592
448,032,000
398,688,000
300,000,000
Rent from Public Places
-
-
-
-
-
Other Rent and Property Income
-
-
-
-
-
Fines and Penalties
127,742,262
141,491,686
39,282,293
29,056,970
23,213,594
Fine-Breach of Law
64,922,382
61,583,681
13,302,305
13,302,305
13,302,305
Fine-Breach of Regulation
18,650,447
7,221,731
1,704,085
1,704,085
1,704,085
Fine-Breach of Agreement
6,670,475
49,683,197
7,000,000
7,000,000
7,000,000
Late fine deducted from Salaries
28,999
25,338
50,580
50,580
50,580
Dharanyaai Qazziyya joorimanaa
-
-
-
-
-
Traffic Violation Charges
37,442,293
22,967,097
17,225,323
7,000,000
1,156,624
Vehicle Impounding Fee
-
-
-
-
-
Other Fine or Penalty
27,666
10,642
-
-
-
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
105,846
45,806
-
-
-
Cash Received for Which Purpose Is Unknown
70,233
-
-
-
-
Reimbursement from Previous Year Budget
35,613
9,274
-
-
-
Subscription, Membership Fee Etc
-
-
-
-
-
Subsidiary Loan Repayment
-
-
-
-
-
Compensation of Losses to Government Assets
-
-
-
-
-
Recovery from unclaimed items
-
-
-
-
-
Zakath
-
-
-
-
-
Donations Received
-
36,532
-
-
-
Receipts to Integrated Transport Network Fund
-
-
-
-
-
Transferred Balance
-
-
-
-
-
Government Contribution to Fishermen insurance
-
-
-
-
-
Fisherman Subsidy Premium
-
-
-
-
-
Zakath al Mal
-
-
-
-
-
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
8,621,725
12,471,356
11,921,493
11,148,759
11,157,933
Proceeds from Sale of Assets
8,621,725
12,471,356
11,921,493
11,148,759
11,157,933
Sale of items at auction
-
-
-
-
-
Sale of Government Building
364,925
311,703
369,822
366,195
375,369
Sale of Government Land
8,256,800
12,159,653
11,551,671
10,782,564
10,782,564
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: 2022