Nepal tax reforms

Private Sector Urges Competitive Tax Reforms to Curb Smuggling
Business | Finance | Economy

Private Sector Urges Competitive Tax Reforms to Curb Smuggling

The private sector in Nepal has raised concerns over the prevalent issue of cross-border smuggling, urging the government to introduce a competitive and progressive tax system to address this challenge. This call to action comes amidst an economic summit titled ‘Fundamental Need of Economy: Joint Commitment from Political Leaders’ organized by Kantipur Media Group in […]

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Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth
Business | Finance | Economy

Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth

As Nepal gears up for the presentation of the annual budget for the fiscal year 2024-25 on May 28, the country’s private sector has been counting on the government to target a larger capital expenditure outlay to support higher economic growth amid the ongoing economic slowdown. In a pre-budget discussion organized by the Society of […]

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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Business | Finance | Economy

Tax Reforms and Economic Growth: Finance Minister’s Assurance

Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]

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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Business | Finance | Economy

Tax Reforms and Economic Growth: Finance Minister’s Assurance

Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]

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Nepal Investment Summit 2024 Hailed as ‘Grand Success’ by Finance Minister
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Nepal Investment Summit 2024 Hailed as ‘Grand Success’ by Finance Minister

Finance Minister Barshaman Pun has declared the recently concluded third Nepal Investment Summit-2024 a resounding success, citing the enthusiastic participation of development partners and the government’s efforts to create an investment-friendly environment. During a sideline meeting with representatives from the World Bank, Asian Development Bank, International Monetary Fund, the United Nations Development Programme (UNDP), and […]

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