The Institute of Chartered Accountants of Nepal Holds Pre-Budget Consultations for Fiscal Year 2083-84

Kathmandu. The Institute of Chartered Accountants of Nepal has held discussions regarding the budget for the upcoming fiscal year 2083-84.

The pre-budget discussion organized by the association covered policy reforms and procedural simplifications in the overall tax system, including income tax, value-added tax, excise duty, customs duty, and education service fees, as well as the policies the government should adopt in the upcoming budget. According to Pradeep Aryal, General Secretary of the Institute of Chartered Accountants, discussions were held on what the upcoming budget should look like, and the conclusions will soon be submitted to the government.

General Secretary Aryal stated, 'The Institute of Chartered Accountants has been conducting pre-budget discussions for a long time and has been providing neutral suggestions to the government. Many changes have been implemented based on these suggestions. During the two-day interactive program, there was extensive discussion on what the budget should entail.'

According to Aryal, discussions were also held on the strategies the government should adopt in the coming days regarding revenue leakage control and investigation, banks, financial institutions, insurance, remittances, and the capital market. -News Agency Nepal