Kathmandu, April 11: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the government has sought more activeness and contribution from the private sector. Speaking at the inauguration of the 57th Annual General Meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) at Kathmandu, PM viewed that the nation can not achieve […]
Kathmandu / April 10: Visiting former minister of South Korea Dr Lee Nam Ki has said that the Government of South Korea could make investments in Nepal upon the creation of a climate conducive for the purpose. He made this statement during a meeting with the Vice Chairperson of the National Planning Commission (NPC) Dr […]
Kathmandu / April 7: With three months left until the end of the current fiscal year, the government has barely spent a quarter of its capital expenditure. With one week left until the end of nine months of the current fiscal year, the capital expenditure has hardly been 25 percent. According to the daily budgetary […]
Kathmandu / March 28: Nepal Rastra Bank (NRB) has implemented a simplified customer identification (KYC) process for transactions up to Rs 100,000 for licensed institutions that perform payment related activities other than banks and financial institutions. NRB issued a circular to the payment service providers today asking them to implement this system for commercial transactions […]
Kathmandu / March 17: The country has witnessed an outflow of approximately Rs 13.5 billion as dividends in the eight months of the current fiscal year 2022/23. The Department of Industry has recommended an outflow of Rs 13.45 billion as dividends from the country in the period, according to the Department. The outflowed money includes […]
Kathmandu / March 15 : Inland revenue collection in the first eight months of the current fiscal year failed to meet the target. According to the Inland Revenue Department, the collection is just around 80 percent of the target. The Department had set a target of raising Rs 353.91 billion in the second quarterly of […]
Kathmandu / March 12 : A significant improvement has been noticed in the country’s foreign currency reserves in the first seven months of the current fiscal year. Till the end of last fiscal (2021-22), the total forex reserves was calculated at Rs 1215.80 billion and now it has touched Rs 1383.33 billion with a rise […]
Kathmandu / March 8: The Confederation of Banks and Financial Institutions Nepal (CBFIN) has demanded that action be taken against those engaging in anarchic activities against the banks and financial institutions (BFIs). The CBFIN said that planned incidents like attacks and robberies on bank employees have left the banking sector in shock and turmoil. The […]
Kathmandu / March 7: The Inland Revenue Department (IRD) has started a full audit of 105 big firms, on suspicion of manipulating the filed tax amounts in relation to their financial turnover. The IRD has started an investigation against these large taxpayers based on the financial reports as of mid-January that they submitted to the […]
Damauli / March 6: The rural electrification campaign is taking place in different areas of Tanahun district where substations for power supply are being constructed. The substations are being built with support from the Tanahun hydropower project for the electrification drive. Managing Director of Tanahun hydropower project Kiran Kumar Shrestha said that the substations are […]
