Kathmandu / Mar 5: The midterm review of the current fiscal year budget has found country’s economic indicators satisfactory with the increase in agricultural products, expansion of industrial capacity, increase in tourist arrival and reform in power supply. The midterm review report presented by Finance Minister Dr Yubaraj Khatiwada on Tuesday mentioned that in the […]
Kathmandu / Mar 5:Nepal and Bangladesh today signed a Memorandum of Understanding (MoU) on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. Revenue Secretary Lal Shanker Ghimire and Senior Secretary, International Resources Division, Ministry of Finance and Chairman of the National Board of Revenue of Bangladesh, […]
Kathmandu / Mar 4:The Nepal Oil Corporation (NOC) on Monday said that current import of Liquefied Petroleum Gas (LPG) cylinders is sufficient to meet the demand and urged consumers not to run after rumours of cooking gas shortage. In this backdrop, the NOC has asked consumers, not to panic-buy cooking gas. The statement from the […]
Kathmandu / Mar 01: The Indian government has approved an investment proposal to build the transmission line in eastern Nepal to export the electricity generated by Arun-3 Hydropower Project being developed by an Indian state-owned company. In a statement released on Thursday night, the Indian Cabinet said it has approved an investment proposal worth IRs […]
Kathmandu / Feb 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI)’s Employers Council chairman Chandra Prasad Dhakal has called on employers and investors of the SAARC region to invest in Nepal. In his address to the eighth meeting of the South Asian Forum of Employers kicked off from today in New Delhi, he […]
Kathmandu / Feb 10: The test of Electronic Cargo Tracking System (ECTS) of goods transhipped from Vishakhapatnam Port in India to Birgunj in Nepal has been a success. The Port will officially begin ferrying Nepali-bound goods from February 15 this year. The Customs authorities had launched the GPS-based tracking tool last summer which will cut […]
Sindhualchowk / Feb 08:The Upper Bhotekoshi Hydropower Project that suffered badly from the natural disasters and faced five years of closure is now gaining momentum in its reconstruction bids. Authorities said that around 40 per cent of the reconstruction works of the project has been completed so far. The 45 megawatts capacity project located at […]
Kathmandu / Feb 6: Supreme Court has ordered telecom company Ncell to pay Rs 38 billion capital gains tax to the government. Issuing a mandamus on the writ of the alleged capital gains tax evasion by private telecom corporation Ncell, on Wednesday, a full bench led by Chief Justice Cholendra Shamsher Rana and comprised of […]
Kathmandu / Feb 4: A procurement process has begun to materialise the government plan of launching the railway service from Kurtha of Janakpur to Jaynagar of India. The Cabinet meeting of January 13 decided to go with the procurement process. The Department of Railways under the Ministry of Physical Infrastructure and Transport has started preparations […]
Kathmandu / Feb 01: With huge amount of national and foreign investments in cement industries, Nepal is self-reliant in cement production this year onwards. According to industrialists, cement industries have received the investment of around Rs 200 billion while this sector has the annual transaction of worth Rs 150 billion. Chairman of Nepal Cement Producers’ […]
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Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa