KATHMANDU, March 17: The government collected revenue worth Rs 3.75 billion alone from the duty on gold import during mid-July 2021 and mid-March 2022.

KATHMANDU, March 6: In a bid to check the outflow of foreign currencies through reduction in expenses on luxury items, Nepal Rastra Bank (NRB) has reduced the gold import quota.

KATHMANDU, Nov 30: Despite the government authorities repeatedly issuing caution notices to check gold import, there is a massive surge in the import of the precious metal by travelers returning from abroad.

KATHMANDU, Nov 23: The government has stepped up measures to curb import of gold by the returnee migrant workers.

KATHMANDU, Sept 15: The Ministry of Industry, Commerce and Supplies (MoICS) has been delaying to increase the quota of gold import, exacerbating shortage of the yellow metal in the market. The Nepal Rastra Bank (NRB) had written the ministry six months ago proposing to raise the daily import quota to 25 kg to meet rising demands.