KATHMANDU, June 7: The House of Representatives (HoR) continues general discussions on the Annual Estimates of Revenue and Expenditure (Budget) for Fiscal Year 2023/24.

NEW DELHI, Feb 1: Indian Finance Minister Nirmala Sitharaman on Monday unveiled the budget for fiscal 2021-22, that aims to shore up an economy badly-hit by the novel coronavirus pandemic.

KATHMANDU, June 15: The government is having a cash crunch to manage its immediate liabilities due to a heavy fall in revenue collection during the nationwide lockdown that has almost stagnated businesses activities in the country.

KATHMANDU, June 10: A meeting of the House of Representatives of the federal parliament on Wednesday endorsed the Appropriation Bill for the fiscal year 2077/78 BS.

KATHMANDU, June 9: Finance Minister Dr Yuba Raj Khatiwada has said that the budget for the upcoming fiscal year 2020/21 has not changed the customs duty and any other tax rates for the import of electric vehicles (EVs) to be used for public transport.

KATHMANDU, June 5: Although the government almost every year revises the customs duty and excise duty on alcohol to collect more revenue, the budget for 2020/21 has surprisingly kept the tax rates on the conspicuous goods unchanged despite the government falling in pressure to manage the financial resources to manage the expenditures.

KATHMANDU, June 3: Vishal Group, a business conglomerate, stands to benefit big from the revision on the tax rate the government introduced in the budget for the upcoming fiscal year 2020/21.

KATHMANDU, June 2: The government claims to have facilitated domestic agricultural production to increase employment opportunities, but the budget allocation for the sector might not help meet the government targets, say agricultural analysts.

KATHMANDU, May 31: Lawmakers on Sunday criticized the government move to raise the taxes on electric vehicles, arguing that it will hit the aspiration of making the country self-reliant in energy supply and will aggravate the trade deficit further.

KATHMANDU, May 28: The government has set up a Rs 50 billion fund for the COVID-19 affected tourism industry and small and medium enterprises (SMEs).

KATHMANDU, May 21: With several negative impacts on the economic activities amid the growing threat of Covid-19 across the country, the government is expected to come up with effective programs to boost the agricultural sector via the announcement of the budget for fiscal year 2020/21 that is scheduled for May 28.

KATHMANDU, May 8: The budget session of the federal parliament is beginning this afternoon.

Salaries remain the same

September 25, 2019 01:50 am

In one early announcement of this year’s budget on May 30, Finance Minister Yuvraj Khatiwada said that growth target has been set at 8.5 percent for the year and it will ensue from a number of growth inducing schemes introduced with the new budget and will be supported by a record Rs.1.53 trillion spending allocation, which is one third of total economy.

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KATHMANDU, June 24: The House of Representatives is now holding deliberation on the fiscal year budget of six ministries.

KATHMANDU, May 29: Finance Minister Yubaraj Khatiwada has presented a total of Rs 1,532.96 billion budget for the fiscal year 2019/20.

KATHMANDU, May 29: The government has increased salary of civil servants by 18-20% on Wednesday.

KATHMANDU, May 29: The government has increased the budget for Constituency Development Fund from current Rs 40 million to Rs 60 million.

KATHMANDU, May 29: The government has aimed at achieving 7% economic growth rate in the upcoming fiscal year.

KATHMANDU, May 29: Here are the 12 key areas that the government had allocated budget in the current fiscal (2018-2019) :

KATHMANDU, May 8: Former Finance Minister Gyanendra Bahadur Karki has urged the government to give high priority on poverty reduction and unemployment in the fiscal year budget.

KATHMANDU, April 14: Prime Minister KP Sharma Oli on Sunday said that the government would increase the social security allowances to senior citizens through the upcoming fiscal year budget.