KATHMANDU, June 1: The Department of Cooperatives (DoC) has received complaints against 41 Kathmandu based cooperatives for embezzling the money deposited by their members.

KATHMANDU, June 1: Hotel Association of Nepal (HAN) has initiated a campaign “Eliminating single-use plastics from hotel rooms” to promote eco-friendly products for green hospitality in the hotel industry.

Govt raises duty on gold jewelries imported by individuals

Published On: June 1, 2022 06:15 PM NPT By: Republica

KATHMANDU, June 1: The government turns flexible on the quota of imported gold by individuals while raising the rate of customs duty on the imported gold jewelry beyond the prescribed limits.

Budget 2022/23: Populist and ill-planned?

Published On: June 1, 2022 05:50 PM NPT By: Moktsya Poudyal

KATHMANDU, June 1: On May 29, the government introduced a budget of Rs 1.793 trillion for the fiscal year 2022/23, an increase of around Rs 146 billion from that allocated for the current fiscal year (2021/22).

Govt aiming to run closed PEs without concrete plans

Published On: June 1, 2022 03:58 PM NPT By: Dilip Paudel

KATHMANDU, June 1: The Government of Nepal has announced plans to reoperate the public enterprises (PEs) which remain shut for an extended period of time without doing any homework. While most of the government-owned industries are at a loss, Finance Minister Janardan Sharma announced plans to resume the operation of nine closed industries while presenting the budget for the Fiscal Year 2022/23.

KATHMANDU, June 1: Janata Samajbadi Party (JSP) lawmaker Pradeep Yadav has said that the Madhesh Province has been cheated in the budget presented by the government for the coming fiscal year 2022/23.

KATHMANDU, June 1: Lawmaker Khimlal Devkota has demanded that the proposed Nijgadh International Airport project in Bara be given continuity. The project has been halted following a Supreme Court order that overturned the government’s earlier decision to build the airport.

KATHMANDU, June 1: Former finance minister and CPN-UML lawmaker Surendra Prasad Pandey has said that it is the UML that will get applause even if someone decreases the minimum eligible age for such an allowance to 68 years. Pandey said that the old age allowance was a ‘brand’ of the UML and it would not make any difference even if the minimum eligible age for the allowance is reduced.

KATHMANDU, June 1: A Buddha Air plane which took off for Bhadrapur has returned to Kathmandu after realizing that there was a problem with the aircraft’s tires.

KATHMANDU, June 1: The Nepal Association of Tours and Travel Agents (NATTA) and the Embassy of Republic of Philippines have signed a Memorandum of Understanding (MoU) for tourism promotion between Nepal and the Philippines.