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Nepal's Government Records Revenue of Rs. 84.75 Billion from Alcohol and Cigarette Sales in the Past Fiscal Year 3
Business | Market | Economy

Nepal’s Government Records Revenue of Rs. 84.75 Billion from Alcohol and Cigarette Sales in the Past Fiscal Year

During the last fiscal year, the Internal Revenue Department (IRD) of Nepal reported that the government accrued a total revenue of Rs. 84.75 Billion from the sales of alcohol and cigarettes. This revenue distribution comprises Rs. 26.22 Billion from cigarettes, Rs. 25.92 Billion from alcohol, and Rs. 32.61 Billion from beer. The source of this

Unnati Sahakarya Laghubitta FPO Allotment Concluded, Oversubscribed by Over 65 Times 5
IPO | FPO

Unnati Sahakarya Laghubitta FPO Allotment Concluded, Oversubscribed by Over 65 Times

The FPO allotment process of Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) was successfully concluded today at the offices of the issue manager, Siddhartha Capital Limited, in Kathmandu. During the FPO issuance from 21st to 24th Kartik, 2080, Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) had released 1,78,451.18 units of FPO shares at a par

Nepal's Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80 9
Business | Market | Economy

Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80

In the fiscal year 2079/80, the Nepalese government conducted a cost analysis, revealing that it incurred a cost of 3.38 paisa to collect 1000 rupees of internal revenue. This analysis was conducted by the Internal Revenue Department (IRD), which reported a total revenue of Rs 4.79 kharba for the year. The departments and subordinate offices

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