KATHMANDU, May 22: The Inland Revenue Department (IRD) collected revenue of Rs 377 billion in the first 10 months of the current fiscal year, which was around 90 percent of the amount targeted for the given period.
KATHMANDU, Sept 27: The Special Court on Monday asked for a bailout amount of Rs 5 million from Chudamani Sharma, former Director General of the Inland Revenue Department (IRD). Sharma has been accused of revenue leakage worth over Rs 1 billion.
KATHMANDU, Feb 10: The Ministry of Finance (MoF) has recommended Dirgha Raj Mainali, the chief of the Department of Revenue Investigation (DRI), for the position of director general of the Inland Revenue Department (IRD).
KATHMANDU, Dec 30: Unable to solve the issues related to the shortfall of excise duty stickers, the Inland Revenue Department (IRD) has stepped up preparations to revive a decade old flow meters system for beer manufacturers.
KATHMANDU, April 17: After several deferrals, the Special Court has said it will conduct the final hearings on the multi-billion rupee corruption cases involving former Inland Revenue Department (IRD) chief Chudamani Sharma on May 5.
KATHMANDU, July 12: The Supreme Court ordered the Commission for the Investigation of Abuse of Authority (CIAA) on Wednesday to present Inland Revenue Department's Director General Chudamani Sharma, who is presently in CIAA custody on corruption charge, before the court along with a reply in writing.
KATHMANDU, July 11: A writ petition has been filed at the Supreme Court ( SC) Tuesday, demanding the release of Director General of Inland Revenue Department, Chudamani Sharma, who is presently in the custody of Commission for the Investigation of Abuse of Authority (CIAA) on corruption charge.
KATHMANDU, June 29: The Commission for Investigation of Abuse of Authority (CIAA) on Thursday sought Rs 3 billion as bail from suspended Inland Revenue Department chief Chudamani Sharma after preliminary investigations established his involvement in a tax waiver scam.
KATHMANDU, June 2: The Commission for the Investigation of Abuse of Authority (CIAA) has arrested Inland Revenue Department Director General Chudamani Sharma on the charge of multiple involvements in corruption while fixing the tax liabilities of large industrial entities.
KATHMANDU, June 2: Commission for the Investigation of Abuse of Authority on Thursday arrested Joint Secretary Chudamani Sharma, the director general of the Inland Revenue Department, on the charge of corruption while fixing taxes.
KATHMANDU, Nov 22: Guheshwori Merchant Banking & Finance Ltd (GMBFL) has been awarded by Inland Revenue Department (IRD) for becoming the highest tax payer amongst C- class bank and financial institutions in the Fiscal Year 2014/2015.