Government

Nepal Prepares for Nepal Investment Summit 2024 to Boost Economy 1
Business | Market | Economy

Nepal Prepares for Nepal Investment Summit 2024 to Boost Economy

The Government of Nepal is gearing up for the highly anticipated Nepal Investment Summit 2024, set to kick off on April 28 in Kathmandu. This two-day event, themed ‘Emerging Nepal,’ aims to showcase 125 national-level projects across various sectors to attract investment and foster economic development in the country. Prime Minister Pushpa Kamal Dahal, in […]

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Nepal Stock really love Oli in government. 12
r/NepalStock

Nepal Stock really love Oli in government.

The news of KP Oli being in government pops out, market went up crazy. View on r/NepalStock by latino001

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Government Sets Minimum Purchase Price for Sugarcane to Boost Farmer Compensation 14
Business | Market | Economy

Government Sets Minimum Purchase Price for Sugarcane to Boost Farmer Compensation

During a recent Cabinet meeting held at Singhadurbar, the government made a significant decision to establish the minimum purchase price for sugarcane at Rs 635 per quintal. The official announcement of this decision was made by government spokesperson Rekha Sharma. As per the newly implemented regulation, sugarcane mills are now required to directly pay Rs […]

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Large Taxpayer Office Reports Record Profit Tax Collection of Rs. 12.5 Arba from Mergers, Acquisitions, and FPOs 16
IPO | FPO

Large Taxpayer Office Reports Record Profit Tax Collection of Rs. 12.5 Arba from Mergers, Acquisitions, and FPOs

The Large Taxpayer Office has reported the successful collection of Rs. 12.5 Arba in profit tax, derived from mergers, gains from acquisitions, and profits generated from Follow-On Public Offerings (FPOs). This significant amount was gathered on Friday and Saturday through detailed filings by numerous organizations. On Friday, 30 organizations contributed to this sum, filing taxes […]

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Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims 18
Business | Market | Economy

Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims

The Commission formed by the government to investigate and resolve cases related to usury has effectively handled 5,155 out of the 28,000 received complaints, according to Uttamraj Subedi, a Commission member and Additional Inspector General of Police. Since its inception, the Commission has facilitated the return of 218 bigha 10 kattha 7 dhur (793) to […]

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Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection 20
Business | Market | Economy

Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection

As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively modest at 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for […]

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