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Tax rate was decided by authorized people only: Finance Minister

Kathmandu, June 6: Minister for Finance Dr Prakash Sharan Mahat clarified that the decision regarding tax rate was made by the officials as mentioned in the budget formulation guidelines while preparing budget for the upcoming fiscal year 2023/24. Responding the query raised by parliamentarians in today's meeting of the House

Government decides to charge 2% additional tax on luxury goods

The government has decided to impose two percent luxury charge for services of high-end hotels and resorts, imported liquors and

revenue investigation
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.  

Finance Minister Khatiwada warns of strong action against revenue fraudsters

Kathmandu, Aug 30: The government has warned of action against anyone evading the revenue. Addressing a programme entitled “Existing Opportunities