200,000 plus taxpayers not regularly paying tax at KMC It has been found that around 200,000 taxpayers are not regularly paying tax at the Kathmandu Metropolitan City (KMC). Kathmandu 29 Feb, 2024
VAT on airfares plunge ticket sales by 40pc Domestic airline companies and ticketing agents report hitting significant turbulence in business following the implementation of 13 per cent value added tax (VAT) on airfares by the government. Business 31 Jan, 2024
Number of taxpayers up in Kathmandu metropolis The number of taxpayers has increased in recent time in the Kathmandu Metropolitan City (KMC). Kathmandu 21 Jan, 2024
Economic problems being gradually resolved, claims Finance Minister Finance Minister Dr Prakash Sharan Mahat today said the economic problems were being gradually resolved. Business 23 Nov, 2023
KMC collects Rs 1.17 billion revenue in two months In the previous year's review period, the KMC had collected NPR 934.1 million in revenue. Kathmandu 31 Oct, 2023
Market monitoring intensified for festive season ​​​​​​​The Department of Commerce, Supplies and Consumer Protection (DoCSCP), the sole authorised market monitoring body of the government, has intensified its market monitoring efforts ahead of the festive season. Business 26 Sep, 2023
Oli, Koirala slam govt's 'politics of revenge' ​​​​​​​Nepali Congress leader Shekhar Koirala and CPN-UML KP Sharma Oli, who addressed two separate programmes today, accused the Pushpa Kamal Dahal government of starting the politics of revenge against political leaders who are critical of the government’s policies and actions. Nepal 13 Aug, 2023
Consensus eludes Big 3 over UML demand for probe panel ​​​​​​​Top leaders of the big three parties — Nepali Congress, CPN-Maoist Centre, CPN-UML —and Speaker Devraj Ghimire held talks to end House obstruction but failed to reach conclusion as the UML, which has been stalling parliamentary proceedings, since July 26, remained adamant about forming a high-level probe committee to investigate the one quintal gold smuggling racket. Kathmandu 08 Aug, 2023
IRD prepares procedure for 5pc tax on foreign tours ​​​​​​​The Inland Revenue Department (IRD) has issued a working procedure in regard with the payment of an additional charge on foreign tour packages. This measure aims to implement the provision requiring Nepali citizens going on foreign trips to pay a five per cent tax on their tour package expenses. Business 19 Jul, 2023
IRD directs revenue offices and banks to stay open on Saturday IRD directs revenue offices and banks to stay open on Saturday Business 14 Jul, 2023
Uphold responsibility and duty in revenue collection: FinMin ​​​​​​​Minister of Finance Prakash Sharan Mahat has emphasised the importance of responsible and diligent work in revenue collection. Business 06 Jul, 2023
IRD warns against illicit sale of alcohol ​​​​​​​The Inland Revenue Department (IRD) has issued a warning to business owners, strongly advising against engaging in the sales or distribution of smuggled alcohol products. Business 03 Jul, 2023
