Kathmandu, Jun 6: The government has rolled back its decision to introduce new formula to calculate capital gains tax on rights and bonus shares following criticisms from all quarters. The Ministry of Finance has circulated a letter to the Inland Revenue Department directing it to calculate the capital gains tax on rights and bonus shares […]
Kathmandu / Jun 5: The International Labour Organisation (ILO) seemed positive towards Nepal request to support the “Prime Minister Employment Program”. Minister for Labour, Employment and Social Security, Gokarna Raj Bista, who is currently in Geneva of Switzerland in course of his participation in the 107th Session of International Labour Conference, met ILO Director-General Guy […]
Kathmandu, June 4/ Newly appointed Minister for Communications and Information Technology, Gokul Prasad Baskota directed state owned media houses to become tougher against people and organizations who were yet to clear their advertisement tariffs. Talking to media persons after taking charge of office at Singha Durbar today, he assured that he’d not compromise good governance. […]
Kathmandu, June 4/ Himalayan Travel Mart (HTM) 2018 concluded in Kathmandu on Sunday. The three-day travel mart saw participation of 52 buyers from 26 different countries and 52 sellers from Nepal, India, Bhutan, South Korea, Indonesia, Turkey and UAE, according to the organizers. One of the objectives of the event was building a sustainable road […]
Kathmandu / Jun 3: Nepal is set to propose to hold the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation or BIMSTEC summit on coming August end or early September. The meeting today of the Council of Ministers held at Singha Durbar decided to propose to BIMSTEC member-states to hold the summit either […]
Surkhet, June 2/ Mid-western Transportation Entrepreneurs Association (MTEA) has started direct bus service connecting Birendranagar, the capital of Karnali Province, and Indian capital New Delhi beginning from Friday. The bus fare for the 634-kilometer journey has been fixed at Rs 2400. “We started this service for the convenience of the passengers who travel to India […]
Kathmandu, May 31/ Dispelling concerns that the government might have set an over-ambitious economic growth target, Finance Minister Yubaraj Khatiwada said the target of eight per cent was achievable and was based on growth projections of prioritised sectors. Addressing media persons during a budgetary interaction held here today, Khatiwada said, “The growth rate has been […]
Kathmandu, May 31/ The Nepali Congress today stated that the annual budget for 2018-19 presented Tuesday, lacked vision, although it was presented in a relatively convenient political situation following the implementation of the constitution after successful elections. The main opposition also termed the budget ‘populist’, and ‘at the crossroads’ between the open market policy championed by […]
Kathmandu / May 30: Minister for Culture, Tourism and Civil Aviation, Rabindra Adhikari, has said the tourism sector has the potentiality of offering jobs to some 200,000 people in a year. Speaking at an interaction organised by the Reporters’ Club here today, the Minister was of the view of increasing investment in infrastructure development in […]
Kathmandu, May 29/ The fiscal budget has made provisions to levy tax on alcohol, cigars, sanitary, electronics and construction materials. Similarly, the budget has scrapped the provisions to impose VAT on education, health which was being imposed on the income made through providing health facilities. Meanwhile, the government has also decided to waive the over-long-due […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa