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Maldives cannot remain in the 1960s as country moves towards development, says Speaker Abdul Raheem
Speaker of the People's Majlis Abdul Raheem Abdulla has said the Maldives must embrace changing times and pursue modern development, stressing that the country cannot continue operating as it did…
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New foreign currency rules take effect September 1 with tougher penalties for black market trading
New foreign currency rules will come into force on September 1, introducing revised dollar conversion requirements for tourism and other…
Maldives doubles withholding tax on foreign contractors to 10 percent
President Dr Mohamed Muizzu has ratified amendments to the Income Tax Act increasing the withholding tax imposed on payments to…
President ratifies new law governing leases of uninhabited islands and lagoons
President Dr Mohamed Muizzu has ratified legislation establishing a new framework for the allocation and leasing of uninhabited islands and…
Maldives introduces 20-year vehicle age limit under new Land Transport Act
President Dr Mohamed Muizzu has ratified the Maldives' new Land Transport Act, introducing a comprehensive legal framework governing vehicles, drivers,…
Tax enforcement strengthened as President ratifies amendments to MIRA framework
President Dr Mohamed Muizzu has ratified amendments to the Tax Administration Act, introducing changes to the powers of the Maldives…
President ratifies GST changes targeting foreign tour operators and booking platforms
President Dr Mohamed Muizzu has ratified amendments to the Goods and Services Tax Act that will bring foreign tour operators,…