KATHMANDU, April 4: The Ministry of Finance has asked government agencies to halt expenses in a number of activities, targeting to manage the financial resources in the priority areas due to the impact of COVID-19.

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, Aug 6: The Finance Ministry now can pull back the budget allocated to projects if it not used within the second quarter of a fiscal year.

KATHMANDU, June 19: The Ministry of Finance (MoF) has transferred Rs 84.51 million from one budget heading to another to finance foreign junkets of top-ranking functionaries and officials in the past two months alone.

KATHMANDU, May 22: A session of the House of Representatives today endorsed a proposal tabled seeking the consideration over the 'Revenue Leakage (Investigation and Control- First Amendment) Bill-2075 BS'.

The 22 officials from the Ministry of Finance of Nepal attended a training course on ‘Global Perspectives on Public Financial Management’ at the Institute of Government Accounts and Finance (INGAF) in New Delhi on Monday.

KATHMANDU, Nov 27: Turning down parliament's request for funds to buy 23 new vehicles for the National Assembly chairperson and other office bearers, the Ministry of Finance has given its nod to release budget for only five new vehicles.

KATHMANDU, Nov 22: The parliament’s Finance Committee has instructed the government to tighten off-budget spending.