Govt is committed to recover CGT: PM Dahal

Published On: April 9, 2017 05:30 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, April 09: Prime Minister Pushpa Kamal Dahal said that the government is committed to recover the capital gain tax (CGT) by the transaction during the sale and purchase of GSM operator Ncell.

Speaking at the meeting of the Public Account Committee (PAC) under the Legislature-Parliament on Sunday, PM Dahal asserted that the government is determined to recuperate the CGT.

“There is no such hurdles for the government to recover the CGT “, said PM Dahal.

The PAC had summoned the Prime Minister Dahal to inquire about the CGT and the ‘decision” made by the government regarding this issue on Sunday.

PM Dahal reassured that the government will not make compromise regarding the issue.  The government will make a decision to recover the CGT at earliest.

He refuted the rumors regarding the decision made by the government regarding the issue. He said that the government has not made any decision citing that it was just informal discussion.

The PAC had, on January 16, directed the government to recover CGT from Ncell within three months. Though more than two months have already elapsed, nothing has been done to recover CGT.

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