Kathmandu, June 12 -- Some listed company promoters and directors in Nepal are increasingly resigning from their positions and selling shares, taking advantage of what experts describe as a legal loop... Read More
Kathmandu, June 10 -- Lawmakers have demanded a parliamentary probe into Finance Minister Swarnim Wagle after tax rates were revised multiple times through the Economic Bill. The controversy has raise... Read More
Kathmandu, June 3 -- The government has revised the Finance Bill multiple times within days of its initial publication, triggering questions over procedure and transparency in tax policymaking. The b... Read More
Kathmandu, May 31 -- The country's banking system is awash with cash. More than Rs1.4 trillion that can potentially be lent to businesses and households remains parked in the financial institutions, e... Read More
Kathmandu, May 29 -- Finance Minister Swarnim Wagle, who has consistently opposed oversized budgets, is set to present the new budget on Friday, exceeding the fiscal ceiling set by the National Resour... Read More
Kathmandu, May 28 -- Nepal's economy is coming under increasing strain from a widening gap between ambitious budget size, weak revenue collection and persistently low capital expenditure, with economi... Read More
Kathmandu, May 26 -- Despite collecting more than one and a half dozen different taxes from people and businesses, the Nepal government continues to struggle with widening fiscal deficits and weak rev... Read More
Kathmandu, May 22 -- Nepal's Department of Money Laundering Investigation has recommended prosecuting 29 individuals, including businessmen Deepak Bhatta and Sulav Agrawal, on charges of money launder... Read More
Kathmandu, May 21 -- Nepal remains one of the poorest countries in South Asia in terms of per-capita income, with weak public services to show for it - yet its working class pays some of the highest t... Read More
Kathmandu, May 20 -- A delegation from the Asia/Pacific Group on Money Laundering (APG), the regional body of the Financial Action Task Force (FATF), has met Nepali officials in Kathmandu and reminded... Read More