Nepal National Business Federation Demands Tax Reforms and Collateral-Free Loans

Kathmandu. The Nepal National Business Federation has demanded that the government provide collateral-free loans of up to 2.5 million rupees and increase the income tax exemption threshold to 1 million rupees. The federation presented these demands during a discussion with Finance Minister Dr. Swarnim Wagle. Federation President Manoj Babu Shrestha stated that they have requested the Finance Minister to facilitate solutions for small and medium-sized business owners, improve the tax system, and implement scientific house rent regulations.The federation has demanded the implementation of a single-window tax system to eliminate the hassle of submitting the same documents in multiple places. They also...