Day: June 21, 2024
Rasuwa Customs Collects Rs 585.5 Million in Fines for Duty Evasion
Rasuwa Customs Office has collected Rs 585.5 million in fines from traders who tried to dodge customs duties by underreporting imported goods from China. Chief Customs Officer Ram Prasad Pathak shared that this amount was gathered over the past 11 months of the current fiscal year. Officer Pathak stated that goods worth Rs 59.7875 billion […]
Read MoreGold Prices Surge by Rs. 1,900 per Tola in Nepal
The price of the highly sought-after yellow metal has surged by Rs. 1,900 per tola today compared to yesterday’s rates. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold stands at Rs. 1,44,700 per tola, a notable rise from yesterday’s Rs. 1,42,800 per tola. Similarly, Tejabi […]
Read MoreUS Dollar Reaches New High in Nepal
The value of the US dollar has hit a new high in Nepal. On Friday, Nepal Rastra Bank (NRB) set the selling price of the US dollar at Rs 134.15, surpassing the previous record of Rs 134.1 set on Jestha 30. The buying price for the general public is fixed at Rs 133.55. The US […]
Read MoreNepal’s Revenue Collection Increases by 11.3%
The Inland Revenue Department (IRD) has reported a notable increase in revenue collection over the past few months. According to IRD statistics, revenue collection reached Rs 41.19 billion by June 14 of the current fiscal year, up from Rs 37 billion during the same period last fiscal year, marking an 11.30 percent increase. In the […]
Read MoreAuction for Kumari Bank Promoter Shares Ends Today
Prudential Capital Management Company Limited is currently overseeing an auction for the promoter shares of Kumari Bank Limited (KBL), which began on 32nd Jestha, 2081, and concludes today, 7th Ashad, 2081. A total of 2,00,000 units of promoter shares are up for auction. Interested individuals and institutions can place their bids for these shares. The […]
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