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People with 38 degree Celsius or higher temperature to be barred from traveling
Published On: June 6, 2020 07:56 AM NPT By: Republica
KATHMANDU, June 6: The Civil Aviation Authority of Nepal (CAAN) has directed passengers and airline staff with measured temperature of 38 degree Celsius (100.4 degree Fahrenheit) or higher to be isolated and treated in accordance with the policy adopted by the airport authority.
Budget sees scope in baby food to raise funds to fill revenue gap
Published On: June 5, 2020 07:12 PM NPT By: Republica
KATHMANDU, June 5: Although the government almost every year revises the customs duty and excise duty on alcohol to collect more revenue, the budget for 2020/21 has surprisingly kept the tax rates on the conspicuous goods unchanged despite the government falling in pressure to manage the financial resources to manage the expenditures.
Nepal economy to suffer $1.4 billion hit due to coronavirus - central bank official
Published On: June 5, 2020 12:28 PM NPT By: Gopal Sharma/Reuters
KATHMANDU, June 5: Nepal's economy is expected to suffer a hit of over $1 billion due to coronavirus containment measures which have hurt business activity and tourism in the Himalayan nation, a central bank official said on Thursday.
Only two electric vehicles got customs clearance on May 27: Customs Department
Published On: June 5, 2020 09:30 AM NPT By: Republica
KATHMANDU, June 5: In an apparent bid to face-save the Finance Minister Yubaraj Khatiwada, the Department of Customs (DoC) has claimed that the 93 electric vehicles imported in the country on the eve of of the new budget had received their customs clearance one week before the federal government unveiled the budget for the fiscal year 2020/21 in the parliament.
1.25 MW electricity from solar panels connected to national grid
Published On: June 4, 2020 07:20 PM NPT By: Republica
KATHMANDU, June 4: 1.25 MW of electricity generated from Nepal’s biggest solar energy plant that is being constructed by Nepal Electricity Authority (NEA) in Nuwakot has been connected to the national grid from Wednesday.
Budget lavishes financial benefits to Vishal Group
Published On: June 3, 2020 10:05 PM NPT By: Republica
KATHMANDU, June 3: Vishal Group, a business conglomerate, stands to benefit big from the revision on the tax rate the government introduced in the budget for the upcoming fiscal year 2020/21.
Govt extends tax payment deadline by two weeks amid widespread criticisms
Published On: June 3, 2020 07:05 PM NPT By: Republica
KATHMANDU, June 3: Amid widespread criticisms, the government has extended the deadline for the payment of individual and business taxes by two weeks.
The budget might not help create farm-based jobs as expected
Published On: June 2, 2020 09:29 PM NPT By: Republica
KATHMANDU, June 2: The government claims to have facilitated domestic agricultural production to increase employment opportunities, but the budget allocation for the sector might not help meet the government targets, say agricultural analysts.
Govt planning to create jobs through irrigation projects
Published On: June 2, 2020 07:13 PM NPT By: Republica
KATHMANDU, June 2: The government is planning to create jobs through irrigation projects for migrant workers who will return home because of COVID-19.
Govt refuses to extend tax clearance date further despite lockdown hardship of taxpayers
Published On: June 2, 2020 03:52 PM NPT By: Republica
KATHMANDU, June 2:The Inland Revenue Department (IRD) has asked the taxpayers to clear their tax dues by June 7, giving no leeway despite the nationwide lockdown that has been extended further till June 14.
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