Kathmandu / Feb 11: The Inland Revenue Department on Tuesday introduced a new system, according to which, the consumers who make purchases through electronic means would be able to get a 10 percent rebate on the 13 percent VAT they have paid to the government. Amid a program, Finance Minister Yubaraj Khatiwada unveiled the new […]
Kathmandu / Feb. 6: The World Bank has approved additional credit of US$ 200 million (approximately Rs. 22.82 billion) for the implementation of the Earthquake Housing Reconstruction Project (EHRP) in Nepal. An agreement to this effect was signed here Thursday. Shreekrishna Nepal, Joint Secretary, Ministry of Finance and Faris H. Hadad-Zervos, World Bank Country Manager […]
Baglung / Feb 3: Minister for Energy, Water Resources and Irrigation Barsha Man Pun today pledged to advance the Uttarganga reservoir-based hydropower project after addressing the demands of the affected local people. He also sought help of the local people in pushing forward the project. “Local people play a significant role in moving forward the […]
Lalitpur / Jan 28: Over 400 thousand people of around 90 thousand households have their access to advanced and clean energy through the Renewable Energy for Rural Livelihood (RERL) project in a period of five years. The Alternative Energy Promotion Center (AEPC) in the financial assistance of the United Nations Development Programme and Global Environment […]
Kathmandu / Jan 27: Finance Minister Dr Yuba Raj Khatiwada has said the way would be paved for the Citizen’s Investment Trust (CIT) to expand its investment in the capital market. He expressed his hope the company will increase its investment in the capital market through its subsidiary companies which would help the company for […]
Kathmandu / Jan. 26: Finance Minister Dr. Yuba Raj Khatiwada Sunday urged the private sector to not fear the government policies as they had been introduced with a good intention of creating an investment friendly environment in the country. “The legal procedures adopted by the government are meant to take action against the wrongdoers. So, […]
Kanchanpur / Jan 22: Minister for Physical Infrastructure and Transport, Basanta Kumar Nembang, has said that national projects are on government’s priority. Addressing a programme organised by Nepal Communist Party here today, Minister Nembang expressed the view that activities are underway keeping the national projects in priority. He added that construction works are on to […]
Kathmandu / Jan 21: Minister for Finance Yuba Raj Khatiwada has said that the country’s economy was moving ahead on robust, straight and stable track. At a programme organized on the 53rd anniversary of Agricultural Development Bank in the capital city today, Khatiwada said that nation’s economy was on prideful state. Saying that country’s annual […]
Kathmandu / Jan. 17: The International Monetary Fund (IMF) has projected that Nepal’s economy would grow by around 6 per cent in the current fiscal year 2019/20. The estimate is down by 2.5 per cent from the 8.5 per cent projection made by the government. “Economic growth is expected to remain healthy but moderate to […]
Kathmandu / Jan. 11: Finance Minister Dr. Yuba Raj Khatiwada has said the overall economic indicators of the country were healthy and the economy was moving ahead on the right trajectory. Stating that implementation of federalism was on a successful course, he asserted that the confusions seen regarding the fiscal federalism have been ‘cleared’ within […]
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