Tax Amendment Bill Benefits Citizens and Businesses, Says MP Ibrahim Diddy (IB)

Feydhoo Dhekunu Constituency Member of Parliament Ibrahim Diddy (IB) has stated that the amendments proposed to the Goods and Services Tax (GST) Act of the Maldives are intended to benefit the citizens and businesses of the country. Speaking in the People's Majlis, MP Diddy expressed full support for the amendments to Act No. 10/2011 (Goods and Services Tax Act). He noted that in developing nations worldwide, tax systems are being strengthened and laws amended to facilitate businesses as the commercial sector expands. The MP highlighted that the current amendments include important measures such as delaying or providing relief from tax collection for online tour operators within the tourism sector. He emphasized that such changes to the national tax system are not entirely new and that it is crucial to use the revenue from tax collection to provide services in the most beneficial way for the citizens. Stating that reforming systems according to the situation and modernizing the country's tax system is necessary at this time, MP Diddy gave his complete support to the bill.