17 Chait, Kathmandu. Umesh Lal Shrestha, candidate for the post of Senior Vice President of Federation of Nepali Chamber of Commerce and Industry, has said that the government has started raiding companies and firms of industrialists in the name of collecting more revenue. He says that now the private sector is going through a lot … Read more
9 Chait, Birgunj. Birgunj Customs Office has collected only half of the targeted revenue in the month of February. The Customs Department had given a target of Rs 23.45 crore 24 thousand to the office in February, but only Rs 12.52 billion 558 thousand was recovered. The office is collecting income related to customs duty, … Read more
5 February, Birgunj. Birganj Municipal Corporation has collected a revenue of Rs 28 crore 47 lakh 51 thousand 264 66 paise in eight months of the current financial year 2079/80. According to the Revenue Management Branch of the metropolis this is a shortfall of Rs. By the end of February of the last financial year, … Read more
29 January, Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Paudel has said that the current budget of Rs 17 trillion 93 billion 83 crore brought by the then Finance Minister Janardhan Sharma on June 15 cannot be spent in full. Presenting the revised estimate of the budget in the House of Representatives on Sunday, … Read more
2 January, Kathmandu. In the first 6 months of the current financial year (FY) 2079/80, the government has collected only 32.71 percent of the target revenue. The highest collection has happened in the month of January. According to the Office of the Controller General, only one trillion 29 billion rupees revenue has been collected in … Read more
१८ पुस, काठमाडौं । गत आर्थिक वर्षको मंसिर मसान्तसम्म सरकारलाई चिनी आयातबाट १ अर्ब ८१ करोड ३३ लाख रुपैयाँ राजस्व आम्दानी भएको थियो । चालु आर्थिक वर्षको सोही अवधिमा ४५ करोड ४२ लाख रुपैयाँ मात्रै राजस्व संकलन भएको छ । कम चिनी आयात भएर १ अर्ब ३६ करोड रुपैयाँ कम राजस्व संकलन भयो भन्नलाई नेपालीले … Read more
14 December, Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Paudel and Deputy Prime Minister and Home Minister Ravi Lamichhane have directed subordinate agencies to work effectively to control revenue leakage. The meeting of the Central Revenue Leakage Control Committee was held on Wednesday. Both the ministers were present in the meeting. The meeting was … Read more
18 November, Kathmandu. The government will not extend the import ban on four luxury items after eight and a half months. Sources in the Prime Minister’s Office and the Council of Ministers said the government has come to the conclusion that the import ban on high-end vehicles, mobile phones, liquor and motorcycles will not continue … Read more
28 October, Kathmandu. The effect of the steps taken to solve the problems seen in the external and financial sector of the economy is also visible on the government finance sector of the economy. Following the sluggish demand in the market, steps taken to reduce the import deficit and increase foreign reserves have started impacting … Read more
12 October, Kathmandu. Finance Minister Janardan Sharma has said that the salary of government employees in Nepal is not enough. At an event organized by the Department of Internal Revenue on Wednesday, he said that because of the country’s low income, they could not even pay employees enough to live on. The government has increased … Read more