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A digest of news and opinion from the Maldives.

Maldives Island Revenue Authority (MIRA)

Transactions Above MVR100,000 to be Accepted Online Starting October

Transactions Above MVR100,000 to be Accepted Online Starting October

1 min read

Maldives Inland Revenue Authority (MIRA) stated that transactions above MVR 100,000 and above USD 5,000 will only be accepted online starting from 1st October 2020. The authority outlined that measures have been taken by the Ministry of Finance to minimize dependency on cash or cheque for transactions and improve the digital services provided for financial […]