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Published On: September 30, 2016 03:26 PM NPT By: Republica

House sees passage of three bills

KATHMANDU, Sept 30: The Legislature-Parliament meeting today endorsed three bills including the Finance Bill 2073 BS, National Credit Reimbursement Bill, 2073 BS and Loan and Guarantee Bill, 2073 BS(21st Amendment) related to the financial affairs. 

Deputy Prime Minister and Minister for Finance, Krishna Bahadur Mahara, tabled the bills at the House session for passage. 

The bills had been presented before the parliament by the then government headed by former Prime Minister, KP Sharma Oli. The bills remained on hold after the coalition partner CPN (Maoist Centre) withdrew support from the government. 

Finance Minister Mahara said the government was laying emphasis on economic prosperity, imposing higher tax on luxurious items and modifying the tax rate to suit the changing times. 

The government is giving top priority over controlling tax leakage and reforming the taxation system, he added. 

The next meeting of parliament is scheduled to start at 1 pm on coming Sunday. RSS 

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