KATHMANDU, August 17: Minister for Energy, Water Resources and Irrigation Pampha Bhusal said that the profits earned by Nepal Electricity Authority (NEA) will be invested in the construction of infrastructures related to electricity supply.

Nepal’s one of the prominent Digital Wallets and Payment Gateways, Khalti, is offering a bonus of Rs 100 to those who link their Prime bank account to Khalti. According to a press statement released by Khalti, this offer has been launched to encourage customers for direct and hassle-free payments which is possible from Khalti.

KATHMANDU, Jan 4: Nepal Oil Corporation (NOC) is preparing to distribute a bonus amount of around Rs 60 million to its employees. The corporation has stated that it has started allocating a bonus amount of Rs 58.5 million for the last two fiscal years even though it has been allocating the amount for years. As per the provision in the Bonus Act, 2074 (Fifth Amendment), one percent of the corporation’s net profit is going to be distributed as bonus.

KATHMANDU: The sole equity market of Nepal came under pressure throughout the trading session on Sunday. The Nepal Stock Exchange (Nepse) index fell sharply on the first hour of trading and declined further after it failed its attempt to pullback mid-day. Eventually, the index lost 33.71 points, or 2.58 percent, to end the day at 1,273.95 points.

KATHMANDU, Jan 25: Nepal Oil Corporation (NOC), the state-run oil monopoly of the country, has allocated Rs 770 million as bonuses and other incentives for its staff.

KATHMANDU, Nov 18: Everest Bank Ltd has decided to issue 33 percent bonus shares. The bank's board of directors approved the issuance of bonus shares on Thursday.

KATHMANDU, Sept 1: Nepal Oil Corporation (NOC) has been keeping infrastructure development fee, which it charges from the end customers, in its profit accounts. Such profits are directly allocated to the corporation’s staff bonus and other incentives, NOC balance sheet shows.  As per the balance sheet of 2015/16, NOC has put the fee into its profit accounts.

KATHMANDU (REP-UBLICA): The Citizen Investment Trust (CIT) conducted its 21st annual general meeting (AGM), on Friday

KATHMANDU, May 20: The 6th annual general meeting (AGM) of Civil Bank Ltd has decided to distribute 2.88 percent bonus shares and 0.15 percent cash dividend (for tax purpose) to its shareholders from the profit earned in the Fiscal Year 2015/16.

KATHMANDU, April 4: The 10th annual general meeting (AGM) of Global IME Bank has approved a proposal by its board of directors to distribute 15.76 percent bonus shares from its profit of Fiscal Year 2015/16.

KATHMANDU, March 29:  The 17th annual general meeting of Nepal Life Insurance Company Ltd on Monday has approved a proposal of its board of directors (BOD) to distribute 26.31 percent bonus shares (including tax) to the company’s shareholders.

KATHMANDU, March 23: The 16th annual general meeting (AGM) of Kumari Bank Ltd has approved the decision of its board of directors (BOD) to distribute 21 percent bonus shares and 1.10 percent cash dividend (for tax purpose) to its shareholders from the profit earned in the last fiscal year.

KATHMANDU, March 13: Nepal Association of Tour and Travel Agents (NATTA), the umbrella association of Nepali travel agents and tour operators, has opposed the decision of Civil Aviation Authority of Nepal (CAAN) to distribute bonus to its staffers.

KATHMANDU, Feb 11: The 23rd annual general meeting (AGM) of Nepal SBI Bank Ltd Thursday approved distributing 28 percent bonus shares and 1.53 percent cash dividend.

Sunrise Bank’s bonus shares listed

January 28, 2017 03:17 am

KATHMANDU, Jan 28 : Nepal Stock Exchange (Nepse) has listed 33.33 percent bonus shares that Sunrise Bank Ltd had distributed to its shareholders as per the decision by its 9th annual general meeting (AGM).

Bonus Bill tabled in House

January 20, 2017 17:25 pm

KATHMANDU, Jan 20: Deputy Prime Minister and Minister for Finance, Krishna Bahadur Mahara tabled the Bonus (Fifth Amendment) Bill, 2073 BS in the meeting of the Legislature-Parliament on  Friday.

KATHMANDU, Jan 14: The 20th annual general meeting (AGM) of Sagarmatha Insurance Company Ltd has passed a proposal to distribute 22 percent bonus shares and 1.15 percent cash dividend (for tax purposes) to its shareholders from the profit earned in Fiscal Year 2015/16.

KATHMANDU, Jan 13: The decision of Civil Aviation Authority of Nepal (CAAN) to distribute bonus to its staffers has drawn flak from tourism entrepreneurs.

KATHMANDU, Jan 10: Civil Aviation Authority of Nepal (CAAN) has made a controversial decision to distribute bonus to its 800 staffers.

KATHMANDU, Jan 9: The 21st Annual General Meeting (AGM) of NMB Bank Ltd has approved a proposal to distribute 19 percent bonus shares and 1 percent cash dividend (for tax purpose) to the bank's shareholders from the profit earned in the last fiscal year.

KATHMANDU, Jan 9: The 18th Annual General Meeting (AGM) of Machhapuchhre Bank Ltd held in Pokhara has approved a proposal to distribute 20.75 percent bonus share, 12 percent right shares and 1.09 percent cash dividend (for tax purpose) to its shareholders.

KATHMANDU, Jan 6: The 24th Annual General Meeting (AGM) of Himalayan Bank Limited, chaired by Chairman Manoj Bahadur Shrestha, -- has approved a proposal to distribute 30 percent bonus shares and 1.58 percent cash dividend (for tax purpose) to the bank's shareholders.

KATHMANDU, Jan 4: The board of directors of Kumari Bank Ltd (KBL) has proposed to distribute 21 percent bonus shares and 1.1 percent cash dividend (for tax purpose) to the bank's shareholders from the profit earned in Fiscal Year 2015/2016.

SCBNL approves 33.33% bonus share

December 20, 2016 03:45 am

KATHMANDU, Dec 20: The 30th AGM of Standard Chartered Bank Nepal Ltd (SCBNL) has approved the bank's proposal to provide 33.33 percent bonus share and 1.75 percent cash dividend (for tax purpose) to its shareholders.

KATHMADNU, Dec 16 : The 28th annual general meeting (AGM) of National  Life Insurance Company has approved a proposal to distribute 30 percent bonus shares and 1.58 percent cash dividend to its shareholders from its profits of Fiscal Year 2015/16.

NLIC AGM nod for 30% bonus shares

December 15, 2016 22:57 pm

KATHMADNU, Dec 15: The 28th annual general meeting (AGM) of Nepal Life Insurance Company (NLIC) has approved a proposal to distribute 30 percent bonus shares and 1.58 percent cash dividend to its shareholders from its profits of Fiscal Year 2015/16. Issuing a statement,

KATHMANDU, Dec 10:  The 17th annual general meeting (AGM) of Siddhartha Development Bank Ltd (SDBL) held in Kathmandu on Friday approved a proposal by its board of directors to distribute 24 percent bonus shares from profits earned during Fiscal Year 2015/16.

KATHMANDU, Dec 7: The 4th Annual General Meeting (AGM) of NMB Microfinance Institution has decided to distribute 25 percent bonus shares to its shareholders from the profit earned in Fiscal Year 2015/2016.

KATHMANDU, Nov 20: The 10th Annual General Meeting (AGM) of Muktinath Development Bank Ltd held in Pokhara has decided to distribute 34 percent stock dividends to its shareholders.

KATHMANDU, Nov 17: The Board of Directors of Everest Bank Ltd (EBL) on Wednesday decided to distribute 70 percent bonus share and launch 3:1 rights issue to its shareholders from the profit it earned in Fiscal Year 2015/16.

NB Bank to give 32 percent bonus shares

October 24, 2016 21:01 pm

KATHMANDU, Oct 24: The 22nd Annual General Meeting (AGM) of Nepal Bangladesh Bank Ltd (NB Bank) has approved 32 percent bonus shares and 1.6 percent cash dividend (for tax purpose).

NIC Asia to give 26% bonus shares

October 5, 2016 20:54 pm

KATHMANDU, Oct 5: The 19th Annual General Meeting (AGM) of NIC Asia Bank Ltd, chaired by its Chairman Jagadish Prasad Agrawal, has approved a proposal to distribute 26 percent bonus shares and 1.37 cash divided (for tax purpose) to the bank's shareholders from the profit earned in Fiscal Year 2072/73 and 1.37 percent cash dividend for tax purpose.

SBI board proposes 28% bonus share

October 3, 2016 22:23 pm

KATHMANDU, Oct 3: : The 398th meeting of Nepal SBI Bank Ltd's board of directors, held Monday, has proposed distributing 28 percent bonus shares and 1.53 percent cash dividend -- for tax purpose -- out of the Rs 1.33 billion it earned in net profits last year.

KATHMANDU, Sept 15: Sunrise Bank Ltd (SBL) has announced 33.33 percent bonus shares to its shareholders.

KATHMANDU, Sept 6: The 436th board meeting of the Nabil Bank Ltd has decided to distribute 30 percent bonus share and 15 percent cash dividend to its shareholders subject to approval of the Nepal Rastra Bank.

KATHMANDU, Aug 12: Rastriya Banijya Bank has decided to distribute Rs 870 million in bonuses to its employees despite its accumulated losses amounting to Rs 4.12 billion. The bank's board meeting last week took a decision to this effect by way of implementation of a Supreme Court order last December to pay out bonuses from profits earned in the last seven years.

KATHMANDU, July 12: Sagarmatha Insurance Company Ltd has decided to distribute 23.75 percent bonus shares and 1.25 percent cash dividend (for tax purpose) to its shareholders.