KATHMANDU, June 13: CPN-UML lawmaker Yogesh Bhattarai has demanded the government clarify about the interference of ‘some people’ in the Ministry of Finance during the preparation of the budget for FY 2022/23, which is being circulated in the media.
Speaking at a meeting of the House of Representatives (HoR) on Monday, lawmaker Bhattarai said that Finance Minister Janardan Sharma through his representative pressured the officials of the ministry to change the tax rate during the preparation of the budget for 2022/23, and demanded the government clarify the issue
Revised interest rate corridor system introduced
He mentioned that there were reports in the media that Finance Minister Sharma had sent some of his representatives to the Ministry of Finance at midnight on May 28 to change the tax rates on electric vehicles, health insurance, iron and steel products, and sanitary pads. He requested both the Prime Minister and the Finance Minister to give clarifications in this regard. He said that it was against the oath taken in the name of the nation to admit people in the finance ministry during the budget formulation.
MP Bhattarai said that it was treasonous for the finance ministry to do such a thing, adding that some industries have collapsed due to the manipulation of tax rates.
