KATHMANDU, JANUARY 21

The number of taxpayers has increased in recent time in the Kathmandu Metropolitan City (KMC).

The number of taxpayers was 324 thousand and 120 last financial year and it has reached 343 thousand and 340 in the current financial year, said Dhruba Kafle, the Chief of KMC's Revenue Department.

According to Kafle, 35 thousand and 57 taxpayers have increased under the heading - 'rental taxpayers', 31 thousand and 916 have been added under the heading of business taxpayers and 52 thousand and 486 have added under the heading of property taxpayers.

The number of taxpayers has gone up in other tax headings as well. The metropolis' revenue collection has also significantly increased with the increase in the taxpayers.

Kafle said that KMC has collected approximately Rs 5 billion in revenue until the half of the current financial year.

KMC has been collecting revenue under 36 various headings, including property, house rent, business, advertisement, entertainment, land and VAT.