KATHMANDU, August 27
The Commission for the Investigation of Abuse of Authority (CIAA) is silent about investigating Managing Director of Nepal Oil Corporation Gopal Khadka although parliament’s Public Accounts Committee on August 5 asked it to take action against him.
KATHMANDU, August 13: The highways built along the no man's land on the Indian side of the border are the major reasons behind the floods in the tarai, according to Minister for Energy, Mahendra Bahadur Shahi.
KATHMANDU, August 6: Two Chartered Accountants (CAs), Lumba Dhwoj Mahat and Umesh Prasad Dhakal, are on the run after the Commission for the Investigation of Abuse of Authority (CIAA) filed case against them at the Special Court for their role in inflicting huge loss on the government while settling pending tax disputes.
KATHMANDU, Aug 3: Amid controversy over the Tax Settlement Commission (TSC), the government has initiated steps to establish a separate and permanent entity for settling tax disputes. A ‘Dispute Resolution Mechanism’ has been inserted in the Central Revenue Board Bill for forming an apex advisory body on matters of revenue, informed Revenue Secretary Shishir Kumar Dhungana. The bill is in the making at the Nepal Law Commission.
KATHMANDU, August 2: Nepal Electricity Authority (NEA) managed to bring down its annual loss to below Rs 1 billion in Fiscal Year in 2016/17, significantly down from a record high loss of Rs 8.89 billion in 2015/16.
KATHMANDU, July 31:The private sector has attempted at least twice to get the Tax Settlement Commission extended or a new commission formed. The controversial body has drawn huge criticism and also seen court cases involving a record high amount in corruption.
The nomination of the Secretary of the Ministry of Drinking Water and Sanitation, Bhim Prasad Upadhyaya, as board director of the Kathmandu Upatyaka Khanepani Limited (KUKL), has brewed fresh controversy in the water utility.
KATHMANDU, July 24: Mukesh Chaudhary took a break from his work in Kathmandu in June and went his hometown to sit in final examinations of Grade 12. Chaudhary, 21, works at a construction site and earns to help his parents. Chaudhary has already earned skills in construction work which he neither studied nor attended any training.
KATHMANDU, July 24: Completing the Dhalkebar substation to import more power and bringing the Kulekhani III plant into generation are two major tasks planned by Nepal Electricity Authority for continuous energy supply in the coming dry season.
KATHMANDU, July 17: Ruling coalition partner CPN (Maoist Center) has proposed to request Chinese government to build hydropower projects having combined capacity of 5,000 MW in any river basin in Built and Transfer (BT) model.
KATHMANDU, July 15: The government has paid out Rs 46 billion in just three days (Thursday to Saturday), according to spending records at the Financial Comptroller General's Office (FCGO) updated at 6:39 p.m. on Saturday. The eleventh-hour bulk payments raised misgivings about the possibility of irregularity and misappropriation. Interestingly, the daily budgetary status was held up for about an hour and was put up again only at 6:39 p.m.