Finance Minister directs to be strict on revenue collection
KATHMANDU, March 3: Finance Minister Dr Yubraj Khatiwada has directed the chiefs of the customs office to resolve the loopholes witnessed in revenue collection.
KATHMANDU: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has urged government employees to work harder on collecting revenue. In a meeting with secretaries and heads of departments at the Ministry of Finance, he encouraged them to exceed average performance and involve their teams more effectively. Despite a 13 percent increase in revenue compared […]
KATHMANDU, MARCH 7: Newly appointed Finance Minister Dr. Barshaman Pun has said that the revenue collection can be increased from the current 10 per cent to 20 percent. He made such a statement while assuming office at the Ministry of Finance at Singh Durbar yesterday. “After 12 years, I am again handling the responsibility of […]
The post “Revenue mobilisation can be increased by double” appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.
Nepal Chamber of Commerce (NCC) has urged Finance Minister Dr Prakash Sharan Mahat to expand the scope of tax. A delegation of NCC including its president Rajendra Malla called on the Finance Minister on Tuesday and suggested that the government fulfill the revenue collection target by expanding the tax net. “Rather than increasing the tax […]
KATHMANDU, April 3: The Ministry of Finance (MoF) has cut down the amount of conditional grants that were being given to the provincial and local governments at a time when the federal government itself is struggling to manage its expenses amid the low revenue collection.
KATHMANDU, April 3: The Ministry of Finance (MoF) has cut down the amount of conditional grants that were being given to the provincial and local governments at a time when the federal government itself is struggling to manage its expenses amid the low revenue collection.
Minister Bishnu Prasad Poudel has said that the government had to downsize the budget of the current fiscal year through the half-yearly review since there it is difficult to meet the target of revenue collection and expenditures.
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.
