Social Media Ideas for Maldives Gst Act Amendment 2026

Extending TGST offshore: Three questions the proposed GST amendment has yet to answer

People’s Majlis is now considering a government-backed amendment to the Goods and Services Tax Act (Law No. 10/2011) that would, for the first time, require foreign tour operators,...

Maldives moves to tax foreign booking platforms and tour operators

A bill seeking to impose Goods and Services Tax (GST) on goods and services provided to the Maldives by foreign tourism-related businesses has been submitted to the People’s Majlis...

ABTA, ECTAA call on Maldives to pause GST rules for foreign tour operators

Two associations representing travel agents and tour operators in Europe have called on the Maldives to delay the implementation of new Goods and Services Tax (GST) requirements fo...

MMA moves to require resorts to convert 20% of dollar revenue

The Maldives Monetary Authority (MMA) plans to amend the Foreign Exchange Act to require resorts to convert 20 per cent of their total foreign currency revenue into Maldivian Rufiy...

Parliament Passes MMDR Amendment Bill 2026 to Restrict States from Imposing Taxes on Mineral Rights

The Parliament, on 13th August 2026, prohibited States from taxing mines and minerals. As per the Mines and Minerals (Development and Regulation) Amendment Act, 2026, states cannot...

Contracts signed, brochures printed: This bill rewrites price

A bill before the Majlis would order the world’s travel sellers to collect 17% Maldivian tax from 1 October—in the middle of a selling season whose prices were fixed months ago. It...

August 2026 GST Collections Climb to Nearly ₹2 Lakh Crore in Gross Revenue

As per the data, Gross Goods and Services Tax (GST) collections have surged 14.8% year-on-year (YoY) to ₹1.99 lakh crore in August 2026. Domestic transactions GST revenue has surge...

9-Year Journey of GST

The Goods and Services Tax (GST) was implemented on July 1, 2017, under the banner of “One Nation, One Tax, One Market”. In Jammu & Kashmir, it was implemented on July 8th 2017...

MSME Development (Amendment) Bill, 2026 to Address Delayed Payments

The MSME Development (Amendment) Bill, 2026 was introduced in the Rajya Sabha on 28 July 2026. The proposed legislation seeks to modernise the existing regulatory framework by impr...

Govt Revises Clear Float Glass Import Policy with ₹34,000/MT Minimum Price for One Year

The Government of India has changed the import policy and its conditions regulating imports of Clear Float Glass of thickness varying from 4 mm to 12 mm, falling under ITC (HS) Cod...

GST Collection in July 2026 Rises 15.4% to Over Rs. 2.11 Lakh Crore

Gross GST collections surged 15.4% to more than INR 2.11 lakh crore in July 2026, driven by higher earnings from domestic sales and imports, reflecting sustained economic activity...

MoS Finance Pankaj Chaudhary: GST Rate on 36 Life-Saving Medicines Reduced to Nil

On 21st July 2026, in the Rajya Sabha, the Minister of State for Finance, Shri Pankaj Chaudhary, announced a significant reduction in the GST rate for 36 specified life-saving drug...

IGST Revenue Settlement 2026: New Rules Clarify ITC Reversals and Credit Alignment

The Government has outlined measures to strengthen the apportionment and settlement of Integrated Goods and Services Tax (IGST) revenue between the Centre and the States. The detai...

Oman mandates electronic tax invoices from April 2027

MUSCAT: Oman’s Tax Authority on Sunday issued Decision No. 189/2026 amending provisions of the Executive Regulation of the Value Added Tax Law, introducing mandatory electronic tax...

Fiji revises tourism tax rules

The Fijian government has revised the implementation of its new 5% Tourism Services Tax (TST),…

Registrations extended for Dhiraagu Malé Open Swimming Competition 2026

Registrations for the Dhiraagu Malé Open Swimming Competition 2026 have been extended until 9 August 2026, giving more swimmers the opportunity to take part in the Maldives’ larges...

Supreme Court Confirms No GST on Long-Term Industrial Plot Leasehold Transfers

A Bench including Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe heard the case on July 21, 2026. The SLPs challenged the consolidated judgment of the Gujarat HC dated...

Dhiraagu urges shareholders to update tax residency status

Dhiraagu has encouraged their shareholders to take a moment to review and update their tax residency status, helping ensure their dividends are processed correctly in accordance wi...

MoD Confirms Full 18% GST Reimbursement On Defence R&D Grants For Start-Ups And MSMEs

The Ministry of Defence has confirmed that start-ups, MSMEs and other private entities engaged in defence innovation will now receive full reimbursement of the 18 per cent GST levi...

Delhi (PB) GSTAT Sustains ₹14.26 Lakh Anti-Profiteering Demand; Theatres Can’t Raise Ticket Prices to Offset GST Reducti...

The New Delhi Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has said that theatres cannot keep the benefit of Goods and Services Tax (GST) rate reduction...

Madras HC: Govt. Contractors Eligible for Additional GST Reimbursement Following VAT-to-GST Transition

The Madras High Court has held that government contractors are entitled to reimbursement of the additional GST paid due to the transition from the VAT regime to the GST regime, pro...

Colorado Expands Sales Tax to SaaS and Downloaded Software Beginning Jan. 1, 2027

GST Proceedings Against a Non-Existent Company: Bombay High Court Reaffirms the Limits of Tax Jurisdiction

Introduction Corporate amalgamations often transfer tax liabilities to the successor entity. But can GST authorities continue proceedings in the name of a company that has legally...

CBDT Notifies 116 & 117/2026, Granting Tax Exemptions to MERC from FY 2025-26

The Central Government, through the Central Board of Direct Taxes (CBDT), has issued two notifications regarding the Maharashtra Electricity Regulatory Commission (MERC), PAN: AAAG...