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Government to Sell Remaining Nepal Telecom Shares to Public

Government to Sell Remaining Nepal Telecom Shares to Public

Kathmandu. The government has decided to keep the federal government's 66 percent stake in Nepal Telecom and sell the remaining shares to the public by the month of Poush. Furthermore,...

Telecom FPO to be Issued by Poush

Telecom FPO to be Issued by Poush

Kathmandu. Telecom's FPO will come by Poush. Finance Minister Dr. Swarnim Wagle announced this on Friday through the budget statement of the fiscal year 2083/84 in the joint meeting of the...
Government to Sell Nepal Telecom Shares

Government to Sell Nepal Telecom Shares

Kathmandu. The government has announced the sale of Nepal Telecom shares. Presenting the budget speech for the upcoming fiscal year, Finance Minister Swarnim Wagle said that while the federal government...
Government to Formulate Law on Credit Recovery

Government to Formulate Law on Credit Recovery

Kathmandu. The government has announced that it will formulate a law related to credit recovery. Finance Minister Dr. Swarnim Wagle made such an announcement while presenting the budget for the...
Nepali Citizens Allowed to Invest Abroad

Nepali Citizens Allowed to Invest Abroad

Kathmandu. Nepalis will be allowed to invest abroad.On Friday, Finance Minister Dr. Swarnim Wagle announced this in the budget statement for the fiscal year 2083/84 through a joint meeting of...
Government Abolishes 31 Bodies

Government Abolishes 31 Bodies

Kathmandu. The government has abolished 31 bodies.In the upcoming fiscal year 2083/084 budget statement, Finance Minister Dr. Swarnim Wagle announced that the government has reduced administrative expenses and ministries, abolishing...
Government Simplifies Company Dissolution Process

Government Simplifies Company Dissolution Process

Kathmandu. The government has adopted a policy of making the process of exiting a business as simple as starting one, in order to create an investment-friendly environment in the country.Finance...
Maximum 29% Tax Rate Announced

Maximum 29% Tax Rate Announced

Kathmandu. Now a maximum of 29 percent tax will be levied. Finance Minister Dr. Swarnim Wagle made such an announcement in the budget speech for the fiscal year 2083/84 in the...
Income Tax Exemption Limit Increased

Income Tax Exemption Limit Increased

Kathmandu. The limit for income tax exemption has been increased. Finance Minister Dr. Swarnim Wagle announced this on Friday through the budget statement for the fiscal year 2083/84 in the...