Kathmandu, July 16 -- With revenue collection falling short of expectations in recent years, the government has turned to long-pending tax disputes as a potential source of additional income, offering taxpayers a limited-time settlement facility to clear outstanding dues.

Finance Minister Swarnim Wagle is relying heavily on the recovery of tax arrears to meet the revenue target set for the next fiscal year. He has directed the revenue administration to focus on collecting more than Rs100 billion from disputed and unpaid taxes as the government aims to raise Rs1.4 trillion in revenue.

The move comes as the government has set an ambitious 20 percent revenue growth target for the new fiscal year. Officials say the new arrangement could enc...