Government

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

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

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

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

Loan against pension for government employee 22
r/NepalStock

Loan against pension for government employee

**My dad wants to invest in stock using a loan as he is a retired government officer. But every time he visits Rastra Baniyjya Bank where he gets his pension amount from. Either the officers with proper knowledge of loan against pension are absent or they are unaware of recent changes. Can anyone please explain

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