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Three companies face tax avoidance charge

Kathmandu, Sept 19: The Department of Revenue Investigation has reached court, seeking actions against three companies charged of tax avoidance.   The Department has sought the court's support to reclaim around Rs 362.4 million from the alleged perpetrators. The companies facing the charge are SS Hardware, Kathmandu, Rukmini Industries Pvt Ltd,

“Nepal has conducive environment for foreign investment,” assures Minister Gyawali

Kathmandu, Sept 17: Minister for Foreign Affairs Pradeep Kumar Gyawali has said that Nepal has a favorable environment for foreign

Asian Development Bank president Nakao to step down

TOKYO, Sep 17 (AP) — The president of the Asian Development Bank, Takehiko Nakao, plans to step down early next

Nepal informs North Koreans to take back their investments

Kathmandu, Sept 17: The government of Nepal has informed North Koreas to take back its investment made in Nepal by

Iron ore reserve excavation gains ground

Kawaswoti, Sept 17: The excavation of iron ore reserve is gaining ground at Dhauwadi of Nawalpur. With the government decision

Facing US ban, Huawei emerging as stronger tech competitor

SHENZHEN, China, Sept 17 (AP) — Long before President Donald Trump threatened to cut off Huawei’s access to U.S. technology,

India’s economy slows, stalling once thriving manufacturing

By SHEIKH SAALIQ Associated Press NEW DELHI, Sep 16, 2019 (AP) — Anuj Kapoor took over his father’s booming auto

Malaysia-bound job with zero cost and social security assured

Kathmandu, Sept 15: The Ministry of Labour, Employment and Social Security has clarified the Malaysia-bound job has been made regular

Interim order not issued for Sumargi’s Nepal Satellite Telecom

Kathmandu, Sept 15: The Supreme Court has denied issuing an interim order in the case related to tax dispute concerning

Govt forms team to negotiate with ADB for soft loan

            Kathmandu, Sept 12: The government has formed a five-member ream headed by Ministry of Finance International Economic Cooperation Coordination