KATHMANDU, July 3: After the establishment of one-stop service center at the Department of Industry, foreign direct investment (FDI) of Rs 7.92 billion has been approved for 41 industries from the information technology (IT), manufacturing, services and tourism sectors.
KATHMANDU, July 16: Small enterprises including beauty parlors and small-scale shirting and suiting shops will have to mandatorily register in Value Added Tax from Tuesday, the first day of the Fiscal Year 2018/19.
The provision endorsed in the budget has put these small enterprises under existential threat, according to Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
Chinese enterprises have invested $835 million on advertising for this year’s Russia FIFA World Cup, according to statistics released by Zenith Group, a firm that provides top echelon services in market research information and data analysis.
KATHMANDU, Jan 28: Enterprises and the government are at odds over the taxing of the fund transferred to the company-level employee welfare fund. While the government wants to levy tax on welfare fund if that is not spent in line with its purpose, companies say that the decision of the Inland Revenue Department to impose tax on such fund has been problematic for both employees and business firms.