KATHMANDU, May 25: Gautam Buddha International Airport (GBIA) located in Bhairahawa, Nepal's second international airport, is seen to be weak in customs duty collection. Due to the lack of regular flights from this airport, which was put into operation a year ago, the collection of customs duties has been weak.

KATHMANDU, March 16: Government authorities have failed to meet the target of inland revenue collection in the first eight months of the current fiscal year. According to the Inland Revenue Department, the collection is just around 80 percent of the target.

KATHMANDU, March 14: The government has not been able to meet the revenue collection target of the first six months of the current financial year even in eight months. By the end of eight months of the current financial year, there is a huge gap between the targeted revenue collection and actual collection.

The government of Nepal is facing a significant challenge in terms of revenue collection. According to recent figures, the total expenditure estimate for the current fiscal year stands at NPR 1,790 billion, of which NPR 1,180 billion is allocated for recurrent expenses and NPR 380 billion for capital expenses. As of Friday, the government’s expenditure was recorded at Rs 613.64 billion, while the total revenue collection was just Rs 507.52 billion. The shortfall of over Rs 100 billion is set to exert pressure on the government to manage the government’s day to day expenditure. This situation highlights the urgent need for the government to diversify its revenue sources in order to sustain economic growth and development. At present, the government's revenue collection is heavily dependent on taxes, which account for the majority of its income. However, this dependence on taxes has led to a narrow revenue base, leaving the government vulnerable to economic downturns and fluctuations in tax revenues.

KATHMANDU, Jan 16: The government’s revenue collection fell short of the total expenses by Rs 81.50 billion in the first half of the current fiscal year, which ended Saturday.

KATHMANDU, Dec 1: The Department of Tourism, by issuing mountain climbing permits in the fall of this year, has collected twice as much revenue in the season this year as that of last year. The department collected Rs 40.6 million in the same season last year. This year the department has collected Rs 93 million rupees.

BIRGUNJ, Nov 30: The revenue collection from Birgunj Customs Office is in the decreasing trend in the first few months of the current fiscal year.

KATHMANDU, Nov 27: The government is short of almost Rs 37 billion which has been allocated for the projects and programs in the country’s annual budget, and to be doled out by receiving foreign loans and grants.

Despite poor performance of VAT in some functional areas such as filing and refund, VAT has been performing very well in Nepal in terms of revenue collection.

KATHMANDU, Nov 21: The Department of Customs (DoC) fell 36 percent short of its revenue collection target in the first four months of the current fiscal year.

KATHMANDU, Sept 19: The government fell short of its targeted revenue collection by 18 percent in the first two months of the current fiscal year.

KATHMANDU, July 24: The Birgunj Customs Office (BCO) collected Rs 204.12 billion in customs revenue in the last fiscal year, which was just above its target of Rs 203.02 billion.

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, Jan 21: Birgunj Customs Office (BCO) collected customs revenue worth Rs 105.90 billion in the first six months of the current fiscal year, which is 5.67 percent more than the target set for the customs office.

KATHMANDU, Jan 17: The government fell short of its revenue collection target by Rs 17 billion in the first half of the current fiscal year.

KATHMANDU, Dec 24: Birgunj Customs Office (BCO) collected customs revenue worth Rs 88.69 billion in the first five months of the current fiscal year, which was 52.50 percent more than the amount collected during the same period of the last fiscal year.

KATHMANDU, Nov 24: The Birgunj Customs Office collected customs revenue worth Rs 70.12 billion in the first four months of the current fiscal year, around eight percent more than its target of Rs 65.11 billion for the period.

SINDHUPALCHOWK, Nov 9: Finance Minister Janardan Sharma has stated that his goal is to collect 200 times more revenue than the set target.

BIRGUNJ, Sept 29: The country's biggest Birgunj Customs Office has collected the total Rs 40.6 billion in revenue so far since the fiscal year that began on August 16.

KATHMANDU, August 25: Despite the crisis created by the COVID-19 pandemic, the government has collected nearly Rs 100 billion in the first month of the current fiscal year. The government collected Rs 94 billion in the month of Shrawan (mid June to mid-July) alone. Compared to the last three years, the revenue collection this year seems to be higher.

KATHMANDU, July 31: The government has collected revenue worth Rs 26.46 billion in the first two weeks of the current fiscal year.

KATHMANDU, June 20: The government has been able to increase its revenue collection by 25.41 percent in the first ten months of this fiscal year, compared to the same period last fiscal, despite a massive fall in domestic economic activities due to the impacts of COVID-19.

KATHMANDU, May 5: The alarming spread of the second wave of the coronavirus has taken its toll on the government’s revenue collection target, with the daily revenue collection plunging almost to half of the ‘normal’ amount.

KATHMANDU, April 13: The government was able to collect revenue worth 92.50 percent of the targeted amount in the first eight months of the current fiscal year.

KATHMANDU, Jan 15: Revenue collection in the first half of the current fiscal year has fallen around 11 percent short of the target, imposing pressure on the government to manage its financial resources.

KATHMANDU, Nov 24: Finance Minister Bishnu Prasad Poudel has directed the employees of the ministry and its subordinate bodies to work hard to meet the revenue collection target mentioned in the budget.

KATHMANDU, Oct 17: The government collected total revenue of Rs 172.36 billion, 17 percent of the targeted amount, in the first quarter of the current fiscal year that ended on Friday. The amount this year is close to the revenue collection in the review period of the last fiscal year.

KATHMANDU, March 30: The government's aim to switch to domestic sources from taxes on imported goods for major tax revenue collection seems to have yielded success to some extent with the significant rise in value-added tax (VAT) from internal economic activities.

BHAIRAHAWA, March 18: The country's second largest and the first customs point of Province 5, Bhairahawa Customs Office, has failed to collect the targeted revenue in the previous month.

MYAGDI, Mar 4: Beni Municipality has made an extra effort to educate people about integrated tax system and to collect taxes.

TIKAPUR, Feb 20: Prakash Timilsina, operator of Mahalaxmi Agro situated in Tikapur Municipality-1 was happy from the government's decision taken one and half years ago to announce Satti Chhoti Customs Office as the main custom point in the region.

KATHMANDU, Feb 13: The government on Wednesday expressed its firm determination to achieve its target of economic growth after revising the earlier announced budget size and expected expenditures allocated for development works.

KATHMANDU, Jan 27: Minister for Finance Yuba Raj Khatiwada on Sunday claimed that revenue collection from internal sources has improved, downplaying concerns about the government coming under pressure to meet the revenue target due to slump in customs revenue collection.

KATHMANDU, Jan 16: The government revenue collection fell short of the target by Rs 104 billion over the first half of the current fiscal year that ended on Tuesday.

BIRATNAGAR, Jan 11: The Mirjang bridge of Jogbani has been closed from Thursday as the Indian side has closed it for the second phase of maintenance.

KATHMANDU, Dec 12: Nepal received foreign loans worth Rs 24.95 billion in the first four months of the current fiscal year, more than double the amount that the country took from foreign donors during the same period last year.

BIRGUNJ, Oct 31: Birgunj Customs Office -- the major custom point of the country -- has failed to collect targeted revenue in the first quarter of the current Fiscal Year 2018/19.

RASUWAGADHI, June 17: Rasuwagadhi Customs Office has collected revenue of Rs 9.84 billion in first 11 months of current fiscal year 2018/2019.

KATHMANDU, Jan 31: The government has not released its revenue collection figures for the last two weeks citing a formula error on sharing revenue among local levels, provinces and federal government. It is an excuse that tells very little about the delay in calculating revenue collection.

RASUWA, Jan 27: Rasuwagadhi Customs Office has collected revenue of Rs 15.17 billion in the past three and a half years, following 2015 earthquake.

RASUWA, Aug 23:  Revenue collection in Rasuwa district has been adversely affected due to landslides triggered by incessant rain obstructed the road since July 27. According to the local administration, efforts were underway to resume traffic on the obstructed road that has disrupted the entry of the tourists, revenue collection, import and exports of construction materials as well as ferrying patients to hospitals.