Around four months after the commencement of the fiscal year 2075/76, the Nepal Tourism Board (NTB) has allocated around Rs 1.7 billion budget for the FY. The budget was approved by the Board of Directors of the NTB.
A total of Rs 17.5 million was collected from the week-long Shreemad Bhagawat story recitation programme organized by Shanti Basic School at Madhyabindu Municipality-1 in Nawalparasi district.
Siddhartha SJB Rana bagged the award for paying the highest amount of income tax in the individual category, while Sipradi Trading Private Limited paid the highest amount of tax among trading companies for the fiscal year 2073/74 B.S. Siddhartha SJB Rana is the executive chairman of Sipradi Trading Pvt. Ltd.
The government of Japan has agreed to provide grant assistance of 350 million Yen equivalent to about Rs 356 million to Nepal for carrying out food assistance programme.
The Shankharpur municipality has provided an additional grant of Rs 100,000 to those who completed reconstruction of their quake-devastated houses with archeological and historical style in Sankhu.
Chief Commissioner of the Commission for the Investigation of Abuse of Authority (CIAA), Navin Kumar Ghimire, has said that curbing of corruption should be the common agenda of the government, civil society and the entire state mechanism along with the CIAA.
Crowding in the private sector and maximizing finance from all possible sources will be critical for Nepal’s ambitious-but-realizable voyage towards a Middle-Income Country (MIC) by 2030, according to the latest edition of the World Bank’s Nepal Development Update released on Thursday.
President Bidya Devi Bhandari has called upon Nepali diaspora in Qatar to make investments in Nepal with confidence adding that time has come to build a prosperous Nepal through our devotion.
Nepal needs to make paying taxes easier by simplifying the process of social security related payments. This is the reason that the recent labour act has made the process more cumbersome and contributed to pushing the country down five places to 110th in a global ranking for the ease of doing business, according to the World Bank Group’s 'Doing Business 2019: Training for Reform report', released today.
Owing to the late transfer of some of the agencies obliged to implement budget policy and programme to province government, the execution of the provincial government’s current fiscal year budget is likely to face challenges galore.
Chief Minister of Province No. 5 Shankar Pokharel has said economic development was possible through modernization, commercialization and marketing of the agricultural outputs by increasing investment in the agriculture sector.