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
March 13, Kathmandu. ‘Real estate and crypto business to be brought under revenue through budget’ February 13, Kathmandu. Mahesh Prasad Dahal, chairman of the Nepal Revenue Advisory Committee, has said that real estate and crypto transactions should be brought under the ambit of revenue. This was stated by Chairman Dahal on Friday at an interaction … Read more
Chandra Prasad Dhakal / file photo March 12, Kathmandu. Federation of Nepalese Chambers of Commerce and Industry (FNCCI) senior vice president Chandra Prasad Dhakal said the economy was in crisis due to lack of coordination between revenue collection and government spending. He said that the same problem is seen in the economy every year because … Read more
28 January, Kathmandu. In the first six months of the current financial year, the government has collected more revenue than the target. The government has collected a total of Rs 576.24 billion from July to mid-December. This is 103% progress against the target. The revenue collection target for the period was Rs 559.74 billion. Of … Read more
January 19, Kathmandu. Finance Minister Janardan Sharma has said that recently the incidents of revenue leakage through digital technology have increased. Describing the revenue as sweating the blood of the nation, he said that it is not possible to sit and watch it flowing. Addressing the meeting of the Central Revenue Leakage Control Committee through … Read more
January 11, Kathmandu. The pilot project of online payment of revenue at Customs Center has been successful. At the same time, the Customs Department said that the way for cashless transactions in Customs has been opened. Punya Bikram Khadka, Director and Information Officer of Customs Department said that the online payment system started as a … Read more
December 11, Kathmandu. It has been found that Rs 2.52 is spent to collect internal revenue of Rs 1,000 in Nepal. This is as per the analysis done by the Inland Revenue Department. The Inland Revenue Department has collected a total revenue of Rs 429.27 billion in the financial year 2077/78. In this financial year, … Read more
16 August, Bharatpur. Cable and Internet service suppliers, who’ve been utilizing electrical poles for a very long time, have began paying income. Nepal Electricity Authority (NEA) Bharatpur Distribution Center has began accumulating income for utilizing the pole. The income of Rs 41.59 crore has been collected by the usage of electrical poles by the centre. … Read more