EDITORIAL: Big corruption The Special Court has slapped a nine-year jail sentence on three high-ranking officials along with a fine of Rs 4.10 billion each, in what is one of the biggest high-profile corruption cases in the country. Opinion 22 Jun, 2023
EDITORIAL: TSC officials booked The Commission for the Investigation of Abuse of Authority (CIAA) on Wednesday filed a charge sheet against three officer-bearers of the now defunct Tax Settlement Commission (TSC) at the Special Court for their involvement in misappropriating tax revenue and giving undue advantage to the tax defaulters involving billions of rupees. Opinion 25 Jun, 2021
Irregularities in tax collection KATHMANDU: A corruption case was filed by Commission for Investigation of Abuse of Authority (CIAA) on July 16 against three members of the Tax Settlement Commission (TSC) formed in 2015 under Former Finance Minister Ram Sharan Mahat. TSC Chairperson... 06 Aug, 2017
Finance committee tells MoF to amend TSC Act Kathmandu, June 15 The Finance Committee of the Legislature-Parliament has instructed the government to frame transparent procedures and guidelines for tax settlement and also urged for amendment in Tax Settlement Commission (TSC) Act, 1976. The... 16 Jun, 2017
�Commission has legal ground� KATHMANDU: Amidst the rising criticism on exemption of tax liability for taxpayers through Tax Settlement Commission (TSC), former finance minister Ram Sharan Mahat, who had formed the last TSC in 2014-15 has said that he had formed the commission... 16 Jun, 2017
EDITORIAL: Entrenched corruption There is no effective system for tracking the sources of income of holders of public posts and their properties and their lifestyles Preliminary investigations by the Commission for the Investigation of Abuse of Authority (CIAA) have revealed that the... 05 Jun, 2017
PAC asks govt for TSC report Kathmandu, April 27 The Public Accounts Committee (PAC) of the Legislature-Parliament, today, asked the Ministry of Finance (MoF) to furnish the report of the Tax Settlement Commission (TSC), 2071, to the committee within 15 days. Citing that... 28 Apr, 2017
�We will do our best to meet the annual revenue collection target� Revenue collection has been hard-hit this year due to the ongoing disruptions in supply lines at Nepal-India border points, which started in the last week of September. The disruptions at the border points have severely affected customs revenue,... 25 Jan, 2016
Government exploring contingency plan Kathmandu, December 16 The government is preparing a contingency plan to make up for the shortfall in revenue collection so that expenditure for this fiscal year is not hampered. The government is exploring various alternatives in a bid to... 17 Dec, 2015
FinMin receives TSC report Kathmandu, December 9 The Tax Settlement Commission (TSC) formed by the previous government to settle the outstanding revenue dues from disputed cases submitted its report to Finance Minister Bishnu Prasad Paudel on Tuesday. TSC, during its... 10 Dec, 2015
MoF rejects TSC�s proposal to settle VAT scam cases Kathmandu, July 26 The Ministry of Finance (MoF) has rejected a proposal tabled by the Tax Settlement Commission (TSC) — an independent body formed through a Cabinet decision in a bid to settle tax dues accumulated till fiscal 2012-13 — to... 27 Jul, 2015
