There are approximately 1,150 four-wheeler Electric Vehicles (EVs), 4,700 electric bikes and 31,000 e-rickshaws in Nepal. Considering 1,150 four wheelers consumes 20 million rupees worth of electricity per year, and saves the fuel import of worth 100 million rupees per year. Further, operation of 1,150 four-wheelers saves 2,400 tons of CO2 emissions.

KATHMANDU, Jan 26: The government has stepped up to form a revenue board that is envisioned to help solve various issues related to the country's existing tax system.

POKHARA, Dec 29: The Federation of Community Forest Users Nepal (FECOFUN) has demanded that the triple taxation imposed on the community forests across the country be repealed, deeming it to be 'unscientific' one

Simplifying tax regime

December 2, 2019 09:49 am

The goal of an ideal tax regime is not to create an extractive system but to increase the yield from economic activities while running the state efficiently

KATHMANDU, Aug 30: Finance Minister Dr Yubraj Khatiwada said that all should acquire a PAN card as it is as important as citizenship certificate.

BHARATPUR, April 15: Finance Minister Dr Yuba Raj Khatiwada has directed revenue employees for a quality increase in revenue by expanding the scope of taxation.

Taxation and misconception

February 26, 2019 02:36 am

The best way to persuade people to pay tax is by showing by example that service delivery has markedly improved.

KATHMANDU, Sept 23: The government has taken a step toward signing the treaty for the avoidance of double taxation and prevention of fiscal evasion with various countries including the United Kingdom.

SAPTARI, Sept 3: Minister for Finance Dr Yubaraj Khatiwada has reaffirmed that the taxation in multi points would be ended very soon.

RASUWA, Aug 29: At a time when several local units are facing widespread criticism for massive tax hike, Kalika Rural Municipality of Rasuwa district has taken a different approach to avoid similar pitfall.

KATHMANDU, Aug 20: Lawmakers have drawn the government’s attention toward the issues related to embezzlement taking place at every state organs and heavy taxation being imposed on every icome of the citizens.

KATHMANDU, July 31: Arghakhanchi Cement Pvt Ltd organized a training on income tax and value added tax (VAT) for auditors, accountants and hardware businessmen in Kathmandu on Sunday.

KATHMANDU, July 30: Arghakhanchi Cement Pvt Ltd organized a training on income tax and value added tax (VAT) for auditors, accountants and hardware businessmen in Kathmandu on Sunday.

KATHMANDU, July 11: A three-day South Asian Association for Regional Cooperation ( SAARC) seminar on an agreement for the avoidance of dual taxation and the prevention of fiscal evasion began here from Monday.