Stakeholders urge govt to develop Budhigandaki with own resources Kathmandu, June 21 Stakeholders have urged the government to scrap the deal of Budhigandaki Hydropower Project with Chinese Company — China Gezhouba Group Corporation (CGGC) — which was signed by the previous government, and develop the... 22 Jun, 2017
Former PM asks govt to scrap Budhigandaki deal Kathmandu, June 8 Former prime minister and Coordinator of Naya Shakti Party Baburam Bhattarai has alleged that the previous Pushpa Kamal Dahal-led government violated the prevailing laws and processes while awarding the contract of Budhigandaki... 09 Jun, 2017
Govt signs MoU with CGGC to develop Budhigandaki project Kathmandu, June 4 The government has signed a memorandum of understanding (MoU) with China Gezhouba Water & Power (Group) Co Ltd (CGGC) today to develop the 1,200-megawatt Budhigandaki Hydropower Project. Following the decision of the... 05 Jun, 2017
LETTERS: Optimistic budget It seems that the 2017/18 budget of Rs. 1,278.99 billion presented by the caretaker government is too high considering the low spending capacity of the government machinery. In the last 10 and half months, the government has been able to spend only 52... 01 Jun, 2017
Progress of NP, P1 projects dismal Kathmandu, March 4 Many big ticket projects listed under ‘National Pride’ and ‘Priority 1’ categories in the fiscal budget for 2016-17 have failed to make any substantive headway till date due to lack of ground work for their... Travel 05 Mar, 2017
Nepal likely to have Rs 300 bn budget surplus Kathmandu, January 31 The mid-term budget review this year had nothing to show other than officials of the implementing agencies attempting to justify delay in implementation of big ticket projects with generic excuses like lack of project... 01 Feb, 2017
House panel for removing NOC�s infrastructure tax on petro products Kathmandu, January 13 The House panel and the government have locked horns on the issue of Nepal Oil Corporation imposing infrastructure tax on petroleum products. Lawmakers say the government should remove all infrastructure taxes being... 14 Jan, 2017
Three quake-hit districts� survivors still waiting Kathmandu, December 3 A large number of quake survivors in Dhading, Makawanpur and Nuwakot districts among the 11 severely-hit districts outside Kathmandu Valley are yet to receive the first tranche — Rs 50,000 — of the government’s grant to... 04 Dec, 2016
Revenue collection above target Kathmandu, October 26 Revenue collection has exceeded the set target by Rs 12.26 billion in the first quarter of this fiscal, as tax collection under major tax headings surpassed the expected level. The revenue collection data of the first... 27 Oct, 2016
Revenue collection exceeds target Kathmandu, September 26 The government has exceeded revenue collection target for the second consecutive month of this fiscal, 2016-17, as the collection under headings like customs tariff, income tax and excise duty surpassed the target. However,... 27 Sep, 2016
NOC passes burden on to consumers Kathmandu, August 10 Nepal Oil Corporation has been passing on the cost of building its infrastructure to consumers by charging up to Rs 19 extra on each litre of fuel it sells. NOC has been collecting Rs 5.76 extra from consumers purchasing... 11 Aug, 2016
Govt sets revenue collection target of Rs 565bn for next fiscal Kathmandu, June 5 The government has set a target to collect revenue worth Rs 565.9 billion in next fiscal year 2016-17, which is an increase of 19.13 per cent as compared to the target of Rs 475.01 billion in this fiscal. The government has set... 06 Jun, 2016
