Nepal, July 9 -- The government has stepped up to repeal five different laws related to financial aspects, while moving forward to approving a new bill through the parliament.

According to Finance Minister Swarnim Wagle, the Provincial Development Plans (Implementation) Act, the Nepalese Currency Circulation Act, the Income Stamp Duty Act, the Revenue Leakage (Investigation and Control) Act, and the Financial Intermediation Institutions Act are among the laws that the government is looking forward to repeal.

Speaking at a session of the House of Representatives, Finance Minister Wagle said that it is necessary to amend and repeal certain Nepalese laws related to finance to address practical problems, unclear provisions, and the need fo...