KATHMANDU, Sep 7: A parliamentary committee has decided to study all recent court decisions related to the controversial capital gains tax case to be paid by telecommunication company Ncell, following questions from various quarters after the judiciary invalidated the tax assessment by the Large Taxpayers Office (LTO) two weeks ago.
KATHMANDU, Aug 30: 'Buwa', a short film by Kamal Subedi and his team has won the first prize at the Ncell Short Film Competition organized by Ncell Pvt Ltd with the theme Buwa, a series of short films on its social media platform.
KATHMANDU, Aug 27: Ncell Pvt Ltd, under its corporate social responsibility initiative, has partnered with the Ministry of Education, Science and Technology (MoEST) and Rato Bangala Foundation (RBF) to organize the second International Conference on Quality Education 2019 (ICQE2019) in Kathmandu.
KATHMANDU, Aug 27: The Supreme Court on Monday invalidated the assessment of the Capital Gains Tax (CGT) to be paid by telecommunication company Ncell Pvt Ltd. The Large Taxpayers Office (LTO) had determined on April 16 that the company had to pay Rs 39 billion as CGT including accrued interest and fines.
KATHMANDU, Aug 23: The Supreme Court (SC) on Thursday rescheduled its verdict on the Ncell capital gains tax (CGT) assessment case for August 26. This is the third time the apex court deferred its verdict relating to the CGT assessment of Ncell.
KATHMANDU, Aug 13: Ncell Private Ltd and Dhulikhel Hospital-Kathmandu University Hospital (DH-KUH) have signed an agreement to support Dhulikhel Hospital for Telemedicine and Health Informatics Program to serve remote and underserved communities through quality health care services, using technology and data-driven health care methods.
KATHMANDU, July 3: Ncell Private Limited, under its Corporate Social Responsibility (CSR), has conferred 'Ncell Scholarships and Excellence Awards' to the outstanding students of five various faculties of the Institute of Engineering (IoE), Pulchowk Campus.
KATHMANDU, May 23: The International Centre for Settlement of Investment Disputes (ICSID) on Monday registered a case filed by Axiata UK and Ncell against the government of Nepal over capital gains tax levied by the tax authorities in Nepal, according to the ICSID website. The entity is part of the World Bank Group.
KATHMANDU, May 22: A case filed by the Ncell and its parent company Axiata Group for arbitration regarding the capital gains tax (CGT) assessed on the telecom company by the Government of Nepal has been officially registered at the International Centre for the Settlement of Investment Disputes (ICSID).
KATHMANDU, May 21: Ncell Pvt Ltd has signed an agreement with the Institute of Engineering (IOE), Pulchowk Campus, to give continuity to the 'Ncell Scholarships and Excellence Awards' program for the next 5 years.
KATHMANDU, May 11: In what smacks of crony capitalism at work, ruling Nepal Communist Party Chairman Pushpa Kamal Dahal has hosted a grand reception at the house of Niraj Gobinda Shrestha, one of the former owners of the Ncell telecommunications company. The party was organized on the occasion of Dahal and his wife Sita's 50th wedding anniversary.
KATHMANDU May 8: Giving continuity to the short-term stay order it issued on April 25, the Supreme Court Tuesday directed the government to put the process of collecting capital gains tax (CGT) from telecommunications company Ncell Private Limited on hold.
KATHMANDU, April 30: Ncell and its parent company Axiata Group of the UK have filed a case for arbitration at the International Centre for the Settlement of Investment Disputes (ICSID) regarding the capital gains tax (CGT) assessed on the telecom company by the Government of Nepal.
KATHMANDU, April 26: Though the Large Tax Payers Office (LTO) had given Ncell Pvt Ltd seven days to pay its Capital Gains Tax (CGT) of Rs 39 billion and that deadline expired on Monday, the telecommunications company is 'dillydallying' in meeting its tax liability.
KATHMANDU, April 26: The Supreme Court on Thursday issued a short-term stay order on a petition filed by telecommunication company Ncell Private Limited questioning the assessment of the capital gains tax (CGT) done by Large Taxpayers Office (LTO) to be paid by the Ncell to the government.
KATHMANDU, April 22: The private telecom company Ncell has filed a writ petition at the Supreme Court on Tuesday arguing that the tax amount determined by the Large Taxpayers’ Office (LTO) earlier last week was not in accordance with the existing law.
KATHMANDU, April 17: Large Taxpayers' Office (LTO) has assessed the tax amount of Ncell buyout and asked the company on Tuesday to pay the remaining capital gains tax (CGT) amounting to Rs 39.06 billion, which includes interest and fine, within seven days.
KATHMANDU, April 9: The Supreme Court has ordered Ncell and Axiata companies to pay capital gains tax to the government. Until Ncell does so, the Supreme Court has also halted the company’s buyout, the sale of shares and distribution of bonus.
KATHMANDU, Feb 26: Nepal Chamber of Commerce (NCC) has expressed serious concern over the recent bomb attacks targeting Ncell office and telecommunication towers across the country including one in Lalitpur which killed one person and injured two others.
KATHMANDU, Feb 25: Leaders of the Communist Party of Nepal (CPN) led by Netra Bikram Chand on Sunday claimed responsibility for a series of bomb attacks targeting Ncell office and telecommunication towers across the country including one in Lalitpur which killed one person and injured two others.
KATHMANDU, Feb 24: When Sim Prasad Gurung was passing by the Ncell headquarters gate at Nakkhu, Lalitpur he noticed a suspicious object. Concerned by it, he parked his car (Ba 20 Cha 1032) alongside the road and headed toward the gate to ask about it. Just as he stepped toward the object, it exploded. Shrapnel from the blast riddled his body. Gurung, 49, was returning home after visiting friends at Bhaisepati. He was a retired member of the Singapore Police.
KATHMANDU, Feb 24: A series of attacks took place across the country targeting operating towers of telecommunications service provider Ncell. The attacks on Friday night injured a few civilians and killed at least one.
KATHMANDU, Feb 23: Ministry of Home Affairs (MoHA) has instructed District Administration Offices to immediately launch investigation and take action against those involved in recent bomb explosions in various districts.
KATHMANDU, Feb 9: Shares of Axiata Group fell sharply on Friday following a report that the Supreme Court of Nepal has asked the company to pay $530.5 million in capital gains tax following its purchase of Ncell in Nepal, reported Japan's financial newspaper Nikkei Asian Review on Saturday.
KATHMANDU, Feb 4: Ncell has offered subscribers a new range of all-time data packs at affordable rates. Ncell Private Ltd on Sunday has announced the launch of a data pack named 'Gazzabko Data Pack' under which Ncell customers can enjoy data volumes ranging from 75 MB to 3 GB.
KATHMANDU, Sept 2: Issuing a press statement, Ncell Private Limited has launched a new offer ‘Recharge and Win’, for which 10 lucky customers of Ncell will be winning a cash prize of Rs 100,000 each every week for 10 weeks.
KATHMANDU, Aug 5: Ncell Private Limited has launched a new internet package 'Fucche Pack'. Issuing a statement on Saturday, the telecommunication company said that the new internet package comes at just Rs 5 excluding taxes (Rs 6.38 including applicable taxes). Customers can now subscribe 25 MB data volume under this offer, which will come into effect from August 5, according to the statement.
KATHMANDU, June 2: Ncell Pvt Ltd has awarded outstanding students of various faculties of the Institute of Engineering (IoE)'s Central Campus Pulchwok with Ncell Scholarships and Excellence Awards, as part of its corporate social responsibility.