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 […]
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 […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa