Kathmandu, June 12/ Finance Minister Yubaraj Khatiwada has assured of his initiations to clear dues of contractors. During his meeting with a delegation of Federation of Contractors’ Association of Nepal (FCAN) today, the finance minister said he would make initiations to address their issues in cooperation with ministries and departments concerned. The delegation headed by […]
Biratnagar / June 11: Chief Minister of Province 1, Sherdhan Rai, has said that a target has been set to welcome 500,000 foreign tourists in the province within the next five years. At an interaction organised by the Ministry of Culture, Tourism and Civil Aviation here today, on services by airline companies and future plans […]
Jajarkot, June 9/ The possibility of a salt mine has been seen at Khara Stream of Barekot Rural Municipality-2 in Jajarkot district. About 90 per cent salt was found in one litre of water collected from the stream in course of a lab test for sodium chloride (NaCl), conducted at Water Engineering and Training Centre in […]
Kathmandu, June 8/ Prime Minister KP Sharma Oli has directed ministers and secretaries to come up with point-wise work plans by coming June 29 in relation to the implementations of policies and programs; and budget prepared for the upcoming fiscal year. The Prime Minister summoned ministers and secretaries to his office today and directed them to […]
Kathmandu, June 8: Minister for Finance Yuba Raj Khatiwada has defended his first budget for the upcoming Fiscal Year 2018/19, saying that the budget was a course correction by the government. Speaking at a post-budget interaction organized by Confederation of Nepalese Industries (CNI) and Society of Economic Journalists- Nepal (SEJON) in Kathmandu on Thursday, Finance […]
Kathmandu / June 7: Nepal Oil Corporation Executive Director Gopal Khadka has stepped down from his post on Thursday. Organising a press meet at the Ministry of Industry, Commerce and Supplies (MoICS) premises, Singha Durbar, Khadka said that he had submitted his resignation letter to the Minister of Industry, Commerce and Supplies, Matrika Yadav, effective […]
Kathmandu, June 7/ Trading resumed in Nepal Stock Exchange (Nepse) in the second half Wednesday’s trading session after investors withdrew their protest against the new capital gains tax (CGT) calculation method enforced by the Inland Revenue Department (IRD). The protest was called off following the government’s decision to put the new calculation method on hold […]
Kathmandu, June 7/ The import of fertilizers (chemical and organic combined) in the first 10 months of the current fiscal year has surged by nearly half compared to import figures of the same period of Fiscal Year 2016/17. According to Department of Customs, Nepal imported Rs 12.9 billion worth of fertilizer in the first 10 […]
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 […]