KATHMANDU, Nov 16: The government collected capital gains tax on the share transaction worth Rs 715.85 million as of four months of the current fiscal year, which was just around 10 percent of the amount collected during the same period last year.
KATHMANDU, August 28: Saying that some “fake” developers were holding licenses for hydropower projects worth some 1,600 MW but doing nothing in terms of power production, the government has said it will scrap such licenses as the developers have shown apathy to build these projects.
KATHMANDU, August 15: At a time when Nepali insurance companies are largely focused on expanding their business in Bagmati Province, the finance minister has reiterated the government’s priority to increase insurance accessibility in rural areas.
KATHMANDU, July 15: While the rice transplantation season has already begun, the government is just giving assurances to farmers to make adequate supply of chemical fertilizers instead of acting promptly to maintain the supply.
KATHMANDU, April 11: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said that solutions to the problems of price increment of the petroleum products and its transport and supply would be resolved scientifically by prioritizing the interests of the consumers.
KATHMANDU, April 3: Home Minister Balkrishna Khand, also the Acting Prime Minister, has directed the authorities concerned to immediately fix the problems surfaced recently in the supplies of petroleum products.
KATHMANDU, March 29: Economists and experts have accused the Ministry of Finance (MoF), the pivotal government agency to look after the economic health of the country, of focusing on populist programs and acting as a revenue collection organ rather than solving the real problems of the economy.
KATHMANDU, March 21: The Ministry of Finance (MoF) has received overwhelming demand for transferring Rs 368 billion under non-budgetary cash transfers from various government bodies, which has raised the concern over the fiscal discipline in the government mechanism.
KATHMANDU, Nov 25: The government has issued an order to remove legal obstacles and facilitate procurement of more than six million doses of Pfizer-BioNTech COVID-19 vaccines directly from the US manufacturer.
KATHMANDU, August 19: Chairman of the CPN (Maoist Center), Pushpa Kamal Dahal has maintained that the Cabinet will get its full shape as soon as the newly-registered party of Madhan Kumar Nepal, the CPN-UML (Socialist), gets approved by the Election Commission (EC).
KATHMANDU, April 15: The Office of National Food Bank was inaugurated at New Baneshwar in the capital on Thursday. The food bank was established a few months ago under the slogan 'Sustainable Agriculture for Nutrient-Rich Food' in order to give priority to organic production.
KATHMANDU, Feb 17: The Ministry of Health and Population (MoHP), a key body to address public health concerns, has not been proactive to share the detailed information about COVID-19 funds, its allocation and records of spending by different government bodies.
KATHMANDU, Jan 25: The government has been facing a massive rise in demand for non-budgetary funds for the preparation of mid-term elections and procurement of vaccines against COVID-19 along with the unhealthy competition to extend the institutional structures and more recruitment of staff.
KATHMANDU, Nov 2: As the government has decided not to bear the cost of PCR testing and COVID-19 treatment, a conflict has arisen between the local units and the National Public Health Laboratory (NPHL) over conducting PCR tests, resulting in delayed contact-tracing.