EDITORIAL: Burden of taxes The whole purpose of federalism will be defeated if people get disillusioned with local govts over heavy burden of taxes Duplication of taxes in different layers of governments has riled people across the country. Reports from all over the country... 14 Aug, 2018
Federal govt should properly orient sub-national govts on their tax collection jurisdiction Last week, the federal government corresponded with the sub-national governments to look into their jurisdiction in tax collection as they had started collecting taxes haphazardly. Taxpayers have been complaining about duplication in taxes in... 07 Aug, 2018
Government officials� mindset must change to institutionalise federalism Nepal’s shift from unitary to federal system of government has led to the creation of three tiers of government at the central, provincial and local levels. With this, authority and power are gradually being devolved from the centre to provinces and... Travel 25 Jun, 2018
Local bodies to present budget today Kathmandu, June 23 Following the federal and provincial budgets, the local bodies will present their budgets in the municipal assemblies on Sunday. As per the provision of the Intergovernmental Fiscal Management Act, local bodies have to present... 24 Jun, 2018
EDITORIAL: Empower local govts It is imperative that Parliament enact the required law at the earliest to pave the way for local governments to hire their staff on their own Federalism will not be institutionalised unless the centralised bureaucracy – also called a permanent... 21 Jun, 2018
Local, federal govts bicker over staff transfers Kathmandu, June 19 A few local governments have vehemently opposed the federal government’s decision to transfer staff from the central to local levels, in a sign that sub-national governments do not want the centre to interfere in their... Travel 20 Jun, 2018
Provincial budget to be presented today Kathmandu, June 14 The provincial governments will present their provincial budget for fiscal year 2018-19 on Friday in their respective provincial assemblies. As per the provision of the Intergovernmental Fiscal Management Act, the provincial... 15 Jun, 2018
Mining of sand, boulders likely to be affected Kathmandu, June 14 Mining of sand and boulders could be affected as there is confusion in fixing the tax rates of the construction materials because the Financial Bill of next fiscal has downsized the authority of provincial governments to fix the... 15 Jun, 2018
�Execution challenges should be addressed collectively� The first federal budget for fiscal 2018-19 presented on May 29 drew widespread criticism, with even the ruling party members stating it failed to give an impression that the government is putting enough effort to translate the vision of economic... 12 Jun, 2018
Capacity utilisation of industries rises to 58pc Kathmandu, June 4 Average capacity utilisation of Nepali industries rose to 58 per cent by the first sixth month of the current fiscal 2017-18, compared to 54.2 per cent in the corresponding period of the previous fiscal, according to Nepal Rastra... 05 Jun, 2018
FinMin presenting the first federal budget KATHMANDU: Finance Minister Yubaraj Khatiwada is currently presenting the first ever federal budget of the country, for the fiscal year 2018/19, at the parliament, which will transfer around Rs 400 billion to sub-national governments. Prime... Horoscopes 29 May, 2018
FinMin to present federal budget today Kathmandu, May 28 Finance Minister Yubaraj Khatiwada will present the country's first federal budget in the Parliament on Tuesday, which will transfer around Rs 400 billion to sub-national governments. Provinces and local bodies will get... 29 May, 2018