KATHMANDU, July 31: The Supreme Court issued an interlocutory order on Sunday, asking the government to not implement value added tax (VAT) on air tickets.

KATHMANDU, July 29: The implementation of Value Added Tax (VAT) on air transport has led to a contentious dispute between the private sector and the government, resulting in confusion and dissatisfaction. The government introduced the VAT on air tickets through the Finance Act of 2080/081.

POKHARA, July 2: Finance Minister Prakash Saran Mahat recently visited the Inland Revenue Office in Pokhara to oversee its operations. During his visit, Minister Mahat addressed the issue of Value Added Tax (VAT) and expressed the sentiment of those affected by this tax.

The recent surge in prices of essential vegetables, such as onions and potatoes, prior to the implementation of the proposed Value Added Tax (VAT), raises serious concerns about the plight of consumers and the need for stronger market monitoring. It is disheartening to witness unscrupulous businesspersons taking advantage of the impending VAT implementation by unjustly raising prices and burdening the already strained household budgets of citizens.

KATHMANDU, Dec 6: The government is in the process of implementing a single-code system for the income tax, value added tax, and excise duty, as an effort to simplify the procedures for taxpayers, a finance ministry official said on Thursday.

KATHMANDU, Jan 24: The Inland Revenue Department has started investigation into the alleged Value Added Tax (VAT) fraud by ride-sharing service provider Tootle.