Nepal flag Nepal Research
Website on Nepal and Himalayan Studies

Economy (tax, revenue, customs, royalties)
Click for Kathmandu, Nepal Forecast

home






biography
crisis
culture
development
economy
education
health
history
human rights
infrastructure
law
media
miscellaneous
nature
politics
society

Economy (general) / agriculture /banks / budget / business /carpets / currency / economic politics / employment / handicrafts / mountaineering / price index / privatization / shares / tax / tourism / trade / unions / wages


Press evaluation:
Background:

KMC tax net: Firms asked to register taxable components, by Samik Kharel (kp 03/09/2014)

Making it work: Seventeen years after it came into force the VAT system is still riddled with loopholes, by Barsha Paudel (rep 03/08/2014)

Business firms fined Rs 53.9m for tax evasion, by Shankar Acharya (kp 08/08/2014)

Impractical taxation hits locals hard (ht 03/08/2014)

Revenue from property transactions hits record: The government collected Rs 7.81 billion in 2013-14—up 50 percent, by Sanjeev Giri (kp 02/08/2014)

IRO probes 790 firms, by Shankar Acharya (kp 30/07/2014), 30,000 firms under revenue radar over VAT, by Pushpa Raj Acharya (rep 30/07/2014)

Duty on betel nuts hiked to curb smuggling, by Parbat Portel (kp 23/07/2014)

KMC cajoles tax defaulters, businesses with discount schemes (rep 17/07/2014) [?? Those who correctly pay their taxes must be stupid!!]

PAN compulsory for anybody receiving payment from govt (kp 15/07/2014)

Income tax threshold increased by Rs 50k (kp 14/07/2014)

Two comissions for tax clearance, policy reforms proposed (kp 08/07/2014)

Govt names and shames VAT defaulters (kp 07/07/2014)

Govt sets revenue target of Rs 430b for 2014/15 (rep 07/07/2014)

Tax on purchases for foreign-aided projects waived (ht 29/06/2014)

Revenue collection up 19 percent in first 11 months (kp 26/06/2014)

KMC issues notice to taxpayers to pay taxes (rep 25/06/2014)

Over 1,000 institutions in KMC tax defaulters list, by Samik Kharel (kp 20/06/2014)

Tobacco tax hike in line with WHO call: Finance minister says certain amount of revenue will be invested in health sector (ht 18/06/2014)

Fee hikes suggested to boost non-tax revenues, by Prithvi Man Shrestha (kp 14/06/2014)

LPG cylinder likely to cost Rs 165 less (ht 13/06/2014)

Revenue from property transactions up 39.8pc, by Sanjeev Giri (kp 09/06/2014)

FNCCI urges govt to increase income tax exemption limit (kp 05/06/2014)

Tax collection drive: After hotels, KMC: chases educational institutions now (kp 02/06/2014)

Health Minister for increasing tobacco tax (kp 31/05/2014), Countries urged to hike tobacco tax: Must implement price policies as a way to reduce cigarette consumption (ht 31/05/2014)

Government to revise non-tax provisions: Ministry of Finance reviewing report, may implement some recommendations next fiscal (ht 31/05/2014)

Big hotels submit property details (kp 29/05/2014)

Revenue collection up 19.45 per cent (ht 29/05/2014), Govt misses revenue target by Rs 6.11 billion (rep 29/05/2014)

Govt mulls VAT subsidy on hydro construction materials, by Sanjeev Giri (kp 28/05/2014)

Decline in import hits vehicle tax collection target (ht 28/05/2014)

187k new taxpayers in first 10 months of FY (kp 24/05/2014), Producers okay Rs 201 daily wage, by Parbat Portel (kp 24/05/2014)

KMC tax collection drive: Tax defaulters ‘to face garbage’, by Samik Kharel (kp 06/05/2015), KMC’s property tax claim ‘illegal’: HAN (ht 09/05/2014), Hotels inquire on taxes (kp 15/05/2014

Parliamentary panel weighs waiving taxes on LPG (kp 21/04/2014)

NA seeks tax waiver on Welfare Fund (ht 17/04/2014)

Kanchanjunga has until Friday to clear its taxes, by Samik Kharel (kp 16/04/2014), Kanchanjunga clears one-third of its back taxes, by Samik Kharel (kp 17/04/2014)

KMC padlocks housing office for not paying taxes, by Samik Kharel (kp 11/04/2014)

Government misses revenue target by Rs 6.81 billion, by Pushpa Raj Acharya (rep 10/04/2014)

KMC campaign for tax recovery gathers pace, by Samik Kharel (kp 31/03/2014), KMC recovers Rs 15m in tax from Bishal Bazar, by Samik Kharel (kp 02/04/2014)

Govt unlikely to meet tax revenue target, by Pushpa Raj Acharya (rep 29/03/2014)

IRD marginally exceeds revenue collection target (ht 22/03/2014)

KMC to tax defaulters: Pay dues immediately or face action, by Samik Kharel (kp 13/03/2014)

VAT, excise duty collection fall short of target: Lower import growth due to depreciation of the rupee vis-a-vis US dollar cited as prime reason (ht 13/03/2014)

Tax system could discourage land concentration: ILC head (kp 12/03/2014)

Govt misses revenue target by Rs 4 billion (rep 11/03/2014)

Contribution of income tax, VAT up, customs revenue down (rep 03/03/2014)

Metropolis officials scramble to collect property taxes:  Campaign focused on commercial complexes having an area of 10,000 sq feet in all the 35 wards of Kathmandu, by Samik Kharel (kp 24/02/2014)

Govt collects Rs 3b in telecom royalties (kp 15/02/2014)

Revenues swell 26 percent as real estate sector rebounds, by Sanjeev Giri (kp 03/02/2014), Revenue mobilization up 20 percent (rep 03/02/2014), Land registration revenue up 26 percent (rep 08/02/2014)

KMC to take tough measures against tax defaulters, by Samik Kharel (kp 02/02/2014)

Government misses revenue target by Rs 5b (kp 31/01/2014), Govt revenue collection falls short of target: Ministry of Finance data show Rs 163.44 billion was raised against projected Rs 168.18 billion (ht 31/01/2014)

Govt initiates process to take action against revenue evaders (rep 29/01/2014)

Gutkha, tobacco become potent revenue source, by Prabhakar Ghimire (rep 28/10/2014)

Revenue collection up by 23 pc, by Ramesh Kumar Paudel (rep 26/01/2014)

30K new taxpayers cleared dues under special scheme, by Prithvi Man Shrestha (kp 18/01/2014)

KMC to widen tax collection areas (ht 18/01/2014)

Govt eyes revenue target as taxpayers swarm IROs (kp 15/01/2014)

Traders seek removal of double taxation (ht 13/01/2014)

Eighty customs revenue receipts missing (ht 13/01/2014)

Govt. collects nearly Rs 300 million revenue from hydropower license (nn 12/01/2014)

Tax dodgers face stern govt action (kp 11/01/2014)

KMC gets tough on house, land taxes, by Samik Kharel (kp 03/01/2014)

Reforming non-tax revenue system: Taskforce seeks public feedback (kp 03/01/2014)

Service sector tops income tax payers, by Prabhakar Ghimire (rep 01/01/2014)

Govt mulling sticker, barcode for beer bottles, by Prithvi Man Shrestha (kp 31/12/2013)

Govt to categorize taxpayers, by Prabhakar Ghimire (rep 30/12/2013)

Special tax scheme sees encouraging participation, by Sanjeev Giri (kp 27/12/2013)

Land revenue up 21% (rep 26/12/2013)

IRD urges taxpayers to utilise waiver facility (ht 25/12/2013)

Revenue collection crosses Rs 101 billion (kp 10/12/2013), 20.87 percent increase in revenue (nn 10/12/2013)

Excise duty collection on tobacco products up (ht 09/12/2013)

Revenue jumps 20pc in first four months (kp 07/12/2013)

1,500 Property Owners Owe KMC Rs 2b, by Prabhakar Ghimire (rep 04/12/2013)

Export revenues swell due to stronger dollar (kp 28/11/2013)

Tax from transport lower than expected (kp 21/11/2013)

Institutions pay Rs 39 billion: Personal and proprietorship firms contribute Rs 17.40 billion (kp 21/11/2013)

Imports have 66pc share in VAT (kp 19/11/2013)

Poor compliance affecting VAT (kp 17/11/2013), Nepal Telecom, Rana largest tax payers (kp 17/11/2013)

Raise share of non-taxable revenue to the total: NRB Guv (ht 17/11/2013)

VAT is that: When the tax launched 16 years ago, it was mystifying, to say the least, by Maharaj Koirala (kp 16/11/2013)

Revenue collection beats target (kp 12/11/2013), Customs revenue collection falls short of target (ht 12/11/2013), Revenue Collection Posts Slow Growth (rep 12/11/2013)

Govt Mulling Revenue Administration Reform (rep 09/11/2013)

Land Revenue Up 31 Percent (rep 07/11/2013)

DTAA in offing with B’desh, Malaysia (kp 25/10/2013)

Weak rupee hurts revenue collection (ht 21/10/2013)

IRB to brick factories: Obtain VAT registration or face the music, by Shankar Acharya and Bhawani Bhatta (kp 10/10/2013), Brick kiln operators come under Value Added Tax net (ht 11/10/2013)

Parsa dethrones Kathmandu as top revenue earner, by Prithvi Man Shrestha (kp 01/10/2013)

IRD begins market monitoring (kp 01/10/2013)

Revenue Dept acts tough on professionals: It has asked the offices under its jurisdiction to issue letters to professionals who have not yet registered with the tax regime and those failing to comply with the tax provisions, by Prithvi Man Shrestha (kp 26/09/2013)

Above The Law: Raid on Shambhu Thapa’s firm, by Mahabir Paudyal (rep 16/09/2013)

No tax defaulters will be spared, says IRD (kp 14/09/2013)

Revenue Dept raids 6 private firms, including former NBA chief Shambhu Thapa's law firm (nn 06/09/2013), DRI swoops down
on six business firms in Capital
, by Pranab Kharel and Ashok Thapa (kp 07/09/2013), Former NBA chief Thapa suspected of tax evasion (ht 07/09/2013), DRI raids 5 firms suspected of tax evasion (rep 07/09/2013), Thapa under CIAA fire (kp 08/09/2013), SC stays DRI action against Thapa: Petitioner says infringement of lawyers’ privilege of secrecy, by Ananta Raj Luitel (ht 09/09/2013), Supreme Court asks DRI not to execute letter, by Pranab Kharel (kp 09/09/2013), SC stays action against
another law firm
(ht 11/09/2013), Thapa's firm filed no income statement for 8 yrs (rep 12/09/2013)

1,522 tax evaders investigated (kp 04/09/2013)

Revenue from land registration going up, by Prithvi Man Shrestha (kp 03/09/2013)

Customs Depart set to revise reference price, by Ashok Thapa (kp 02/09/2013)

System of collecting land taxes through banks to be extended, by Sanjeev Giri (kp 01/09/2013)

Government fails to meet VAT, customs duty revenue target (ht 28/08/2013)

Duty on gold to be hiked to match prices in India: The move is expected to curb smuggling of yellow metal to India due to price differences, by Ramesh Shrestha (kp 27/08/2013)

Revenue collection up by 28 pc in first month of FY 2013/14 (nn 27/08/2013)

Nobel Medical College charged with tax evasion (kp 13/08/2013)

Juggernaut Of Property Tax, by Uttam Maharjan (rn 08/08/2013)

No income tax inside SEZs proposed: This tax incentive and other sweeteners inserted in proposed Industrial Enterprises Act, by Prithvi Man Shrestha (kp 05/08/2013)

Govt’s revenue collection increases by 21.24pc (ht 02/08/2013)

Bhairahawa SEZ plans 100pc corporate tax relief (ht 22/07/2013)

Income tax relief for middle-class families, salaried people (kp 15/07/2013)

Utility of taxes: Tangible results a must, by Chandra Shekhar Nepali (ht 11/07/2013)

Increasing Domestic Revenue, by Anirudra Neupane (rn 09/07/2013)

Govt needs Rs 32.14 bn to meet revenue target (ht 26/06/2013), Revenue collection up by 22 percent (nn 26/06/2013)

Landowners with extra plots to be charged more taxes, by Prithvi Man Shrestha (kp 25/06/2013)

Pvt sector seeks hike in income tax threshold (kp 24/06/2013)

No changes in VAT regime: FinMin (kp 20/06/2013)

IRD investigates suspected misuse of VAT refund facility, by Ashok Thapa (kp 18/06/2013)

Bankers ask govt to lower corporate income tax (kp 14/06/2013)

Capital market regulator seeks change in tax regime (ht 14/06/2013)

Exempt VAT on LPG: Traders (ht 10/06/2013)

Media Society asks govt to make tax regime media friendly (kp 07/06/2013)

VAT, income tax collection rises (ht 07/06/2013), Govt collects 20 b revenue in 10th month (nn 07/06/2013)

Replace capital gain tax with transactions tax: Sebon to govt, by Rajesh Khanal (kp 04/06/2013)

FinMin eyes 30-35pc revenue growth next FY: Says the target will be adopted by revising tax rates, among other measures, by Prithvi Man Shrestha (kp 03/06/2013)

Birgunj customs collects Rs 307.6m in fines, by Bhusan Yadav (kp 02/06/2013)

Present tax administration: A case for reforms, by Manbar S. Khadka (ht 30/05/2013)

VAT collection misses target by 5 percent (kp 25/05/2013)

Revenue mobilisation rises (ht 25/05/2013)

KMC to bring stronger laws to improve tax collection (ht 25/05/2013)

Brick factories to be brought under VAT net next FY: FinMin (kp 20/05/2013)

The right priorities, by Anirudra Neupane (rep 19/05/2013)

75 pc of 'suspicious' tax fraud cases unaudited, by Kuvera Chalise (ht 11/05/2013)

CIAA asks MoF to submit details of VAT evaders (kp 10/05/2013)

Casinos owe Rs 525m in dues to govt (kp 09/05/2013)

IRD makes excise sticker on tobacco products’ packets mandatory, by Ashok Thapa (kp 06/05/2013)

10 imports accounted for 38pc of customs revenue (kp 02/05/2013)

Metropolis' annual tax collection falls far short of the target (ht 01/05/2013)

Cabinet rejects tax relief for new TIA taxis (ht 26/04/2013)

Revenue collection up 22pc on import surge (kp 24/04/2013), High import propels revenue mobilisation: Petroleum products,vehicles,readymade garments,telecom equipment boost customs collection (ht 24/04/2013)

Brick factories flout VAT rules due to political links (kp 15/04/2013)

Veiled threat: Analysing tax revenues, by Anirudra Neupane (rep 11/04/2013)

Jogbani disturbance: Govt faces Rs 450m revenue loss, by Binod Bhandari (kp 08/04/2013)

Rising import pushes revenue mobilisation up (ht 04/04/2013)

Govt revenue collection up by 23 pc (nn 29/03/2013)

In dribs and drabs: Revenue leakage, by Anirudra Neupane (rep 06/03/2013)

New spectrum policy revs up revenue collection, by Ramesh Shrestha (kp 04/03/2013)

Revenue collection up by 20 pc (nn 26/02/2013), Govt revenue collection up 20.33pc (kp 27/02/2013)

IRD seeks source of income for investments by company directors: Dept has directed revenue offices to recover taxes, by Ashok Thapa (kp 19/02/2013)

Revenue collection from land, property transactions up 30pc (kp 10/02/2013)

Online tracking system in limbo (ht 04/02/2013)

Revenue collection 2pc above target in H1 (kp 01/02/2013)

‘High earners still out of tax net’ (ht 01/02/2013)

Traders say customs giving hard time after bonus cut, by Bhusan Yadav (kp 28/01/2013)

FinMim for making customs offices more transparent (kp 27/01/2013)

Gold import duty hiked to Rs 3,000 per 10gm, by Ramesh Shrestha (kp 26/01/2013), Cabinet increases import duty on gold (ht 26/01/2013)

Tax administration fails to be assertive (ht 25/01/2013)

Upgradation of customs to pick up (ht 22/01/2013)

Department penalises firms for evading tax (ht 20/01/2013)

Revenue collection growth sees 21pc (ht 16/01/2013)

DRI to probe activities of money exchange outlets (ht 10/01/2013)

Utility of taxes: More than simple revenue growth, by Chandrashekhar Nepali (ht 07/01/2013)

Govt misses fifth month revenue target (kp 01/01/2013), Government falls short of revenue target (ht 01/01/2013), Revenue collection up by 25 pc (nn 01/01/2013)

Taxman trains sightson foreign airlines (kp 31/12/2012)

Revenue leakage continues unabated (ht 28/12/2012)

Govt loses out on capital gains tax (ht 16/12/2012)

Taxpayers to be classified as big, medium, small, micro, by Ashok Thapa (kp 13/12/2012)

Ministry smells rat in rising VAT credit: Dept will start monitoring of taxpayers to track fraud (ht 11/12/2012)

Non-tax revenue mobilisation unsatisfactory (ht 10/12/2012)

Finance Ministry to set revenue target soon (ht 22/11/2012)

Tax talk: National tax day, by Madhu K. Marasini (rep 18/11/2012)

IRD unveils plans to reform tax admin (kp 17/11/2012)

Customs collection soars 36pc in Q1 (kp 07/11/2012), IRD overshoots revenue collection target in Q1 (kp 08/11/2012)

Property registration fee: Collection in Kathmandu up 80.5 percent (kp 04/11/2012)

IRD plans rent, market survey: To also provide electronic permanent account number, by Shiromani Dhungana (ht 31/10/2012)

DRI planning to bring regulation: Once adopted, it will help control increasing revenue leakage, by Shiromani Dhungana (ht 18/10/2012)

IRD to bring professionals under tax net (ht 15/10/2012)

Bid to curb revenue leakage: Govt to keep strict eye on imports (kp 01/10/2012), Control revenue leakage: Pun
Seeks an immediate strategy to control it
(ht 01/10/2012)

Revenue mobilisation improves, up 27.2pc (ht 22/09/2012)

IRD fails to control revenue leakage in liquor business (ht 20/09/2012)

Collection of capital gains tax up more than two-fold (kp 24/08/2012)

Biratnagar Customs cracks down on undervaluation, by Lila Ballav Ghimire (kp 15/08/2012)

Govt to control currency outflow (ht 09/08/2012)

Private sector appeals IRD to waive off fines, by Ashok Thapa (kp 05/08/2012)

Auditors also involved in tax evasion: IRD; Blamed for providing suggestions and methods to entrepreneurs to evade taxman (ht 05/08/2012)

Double Taxation Dispute: Traders resume supply of agri products, by Ramchandra Adhikari (kp 05/08/2012)

Revenue collection exceeds target (kp 25/07/2012), Govt exceeds revenue collection by Rs 2.37bn (ht 25/07/2012)

Taxpayer also cometh, by Dharma Adhikari (rep 18/07/2012)

‘Nepal needs to modernise its customs’, by Shiromani Dhungana (ht 13/07/2012)

‘Govt cannot tax people in absence of Parliament’, by Kuvera Chalise (ht 11/07/2012)

Revenue policy fails to bring innovative programmes, by Shiromani Dhungana (ht 11/07/2012)

Govt prepares revenue regulation: Expects to meet fiscal year’s target through renewed efforts (ht 28/06/2012)

Govt fails to meet revenue target (rep 27/06/2012)

Raise income tax exemption ceiling: FNCCI (rep 27/06/2012)

IRD takes action against 288 firms (ht 26/06/2012)

Government plans to introduce periodic audit system (ht 21/06/2012)

Tourism business revenue down by 20 percent (rep 21/06/2012)

Revenue dept to assess undervaluation of taxes (ht 21/06/2012)

FinMin to initiate action against tax evaders (ht 08/06/2012), Online businesses promoting fraud (ht 08/06/2012)

DRI to freeze assets of two tax evaders in Narayanghat (rep 08/06/2012)

Tension as Chitwan traders protest DRI raid: Officials seal apparel store for ‘evading tax’; Merchants say team misbehaved with them, by Dipendra Baduwal (kp 07/06/2012), Raid takes traders by ‘surprise’! Chitwan businessmen torch jeep in protest (ht 07/06/2012)

DoC begins restructuring drive (kp 07/06/2012)

MNCs lead tax contribution: Shares 47.4pc of total revenue collection (ht 06/06/2012)

Professional bodies unwilling to reveal details to IRD (kp 05/06/2012)

FinMin optimistic about customs revenue target (ht 03/06/2012)

3,200 firms under IRD scanner for VAT evasion, by Prabhakar Ghimire (rep 24/05/2012)

Birgunj Customs exceeds target, by Shankar Acharya (kp 21/05/2012)

Revenue collection picks up but still short of target (rep 18/05/2012), Revenue collection just short of target (kp 18/05/2012), Meeting revenue target a far cry (ht 18/05/2012)

House rental tax ‘may not be pragmatic’ (ht 18/05/2012)

MoF to integrate info system of all revenue departments (rep 13/05/2012)

Hoteliers say won't pay house and land tax, by Samiksha Koirala (rep 09/05/2012)

Non-filers affect tax mobilisation (ht 09/05/2012)

Tax office’s laxity costs govt millions in loss revenue, says OAG report (kp 07/05/2012)

Govt unveils tax card for enforcement of rent tax (rep 30/04/2012), Rental tax: IRD’s drive
to raise Rs 1b more
(kp 01/05/2012), House rent tax drive to hit tenants hard (ht 01/05/2012)

Govt raises customs valuation by 10%, by Druba Dangal (rep 25/04/2012)

Name VAT evaders, govt told (kp 25/04/2012), PAC asks ministry to make VAT defaulters public: Finance Ministry recently completed investigation of 518 firms involved in the scam (ht 25/04/2012)

Customs offices exceed revenue collection target (kp 23/04/2012)

Traders using customs staff to evade revenue (ht 20/04/2012)

IRD devising taxpayer-friendly system (kp 19/04/2012)

Revenue mobilisation witnesses shortfall (ht 18/04/2012)

Low compliance mars VAT (rep 17/04/2012), Tax compliance costs high in Nepal (kp 117/04/2012),  IRD goes after small, medium taxpayers (kp 17/04/2012), ‘Underreporting of sales to evade tax’: Firms make payments to ghost staff to reduce tax burden (ht 17/04/2012)

518 firms evaded Rs 6.59 billion in taxes (rep 16/04/2012), Fake VAT bill investigation concludes: Probe determines Rs 6.59 billion in unpaid taxes, fines (kp 16/04/2012), FinMin ends VAT scam probe: Investigation reveals fraud amounting to Rs 6.59 billion (ht 16/04/2012), VAT scam (ht 17/04/2012)

Tax compliance cost higher for small businesses (ht 16/04/2012)

Check posts at Araniko Highway fail to control revenue leakage (ht 13/04/2012)

IRD recovers Rs 1.52b in unpaid taxes (kp 05/04/2012)

Ministry identifies goods, areas sensitive to revenue leakage (kp 27/03/2012)

Nepal eyes DTAA with US, Japan, Russia (rep 17/03/2012)

Revenue collection falls short of target by Rs 4b kp 17/03/012)

VAT scam probe nearing end (ht 15/03/2012)

VAT mandatory for brick factories (kp 13/03/2012)

Poor coordination hurting taxes (ht 11/03/2012)

Govt unsure about stock market taxation post automation, by Rupak D. Sharma (rep 08/03/2012)

Reducing VAT in export-import impossible (ht 20/02/2012)

Mechi customs exceeds revenue collection target (kp 18/02/2012)

IRD slaps over Rs 1b fine on 265 firms (kp 14/02/2012)

Revenue collection still short of target (kp 14/02/2012)

Govt to review valuation of 200,000 import items (rep 10/02/2012)

A lower CGT tells it all (rep 05/02/2012)

Revenue from auto import down 32pc (kp 05/02/2012)

Political protection hits revenue (ht 02/02/2012)

IRD to bring professionals under tax net (rep 31/01/2012)

8 firms emblezzle IRs 1.24 billion (rep 30/01/2012)

IRD gets tough against firms not paying taxes, by Ashok Thapa (kp 24/01/2012)

Revenue collection in first 6 months falls short of target (kp 23/01/2012)

1,700 firms evading VAT worth Rs 4b, by Prabhakar Ghimire (rep 20/01/2012), Some 1,700 more firms under IRD radar: 560 are suspected of evading VAT worth more than Rs 5m (ht 20/01/2012)

DTAA and Nepal: Impact and consequences, by Kamal Raj Dhungel (ht 19/01/2012)

Department to tighten noose on rental tax: To introduce floor-price as the owners are reporting 90pc less rent of commercial complexes, by Shiromani Dhungana (ht 18/01/2012)

IRD completes investigation against 468 firms in VAT fraud: Remaining 50 cases under scanner (ht 17/01/2012)

Revenue of life insurers goes up 25% (rep 16/01/2012)

Revenue recovery drive: IRD to suspend bank accounts, businesses of tax defaulters (kp 16/01/2012)

IRD keeps hawks eye on large taxpayers: It estimates to collect revenue dues of around Rs 24 billion (ht 13/01/2012)

Revenue leakage: DoC set to revise valuation of around 200 import items, by Ashok Thapa (rep 12/01/2012)

Govt reduces target by Rs 4b (kp 10/01/2012)

Social security tax 2009-10: MoF sans exact figure of collected amount (kp 10/01/2012)

MoF identifies revenue sensitive customs (rep 07/01/2012)

LTO misses target despite new firms (kp 27/12/2011), Housing, auto market slump inflicts huge revenue loss (rep 28/12/2011)

Fraud at customs points unabated, by Shiromani Dhungana (ht 26/12/2011)

Fake VAR bills: IRD completes probe into 435 cases (rep 20/12/2011)

PEs’ poor health hits revenue: Only half of the target could be mobilised in the fifth month (ht 20/12/2011)

Dept of Customs to check commercial fraud: To form two Flying Intelligence Groups to control smuggling from the bordering check posts, by Shiromani Dhundana (ht 19/12/2011)

Tax evasion and corruption, by C.K. Lal (rep 16/12/2011)

Revenue mobilisation slows down (ht 15/12/2011)

Govt mulls VAT waiver on oil imports, by Sangam Prasain (kp 13/12/2011)

IRD initiates action against 46 shops for not separating liquor section (rep 10/12/2011), Countrywide raid in shops selling liquor illegally (kp 10/12/2011)

Hotels along Annapurna trail still out of tax net, by Santosh Pokharel (rep 08/12/2011)

House panel seeks laws, reforms in revenue admin (kp 06/12/2011)

Traders issuing undervalued VAT bills, by Bhusan Yadav (kp 05/12/2011), Fake VAT bills probe to complete by mid-Feb: Minister Pun (rep 06/12/2011)

DRI unearths 300 new cases of IC misappropriation (rep 30/11/2011)

Govt collects Rs 640m as social security tax (kp 27/11/2011)

Nepal, India sign DTAA to avoid double taxation (nn 27/11/2011), DTAA to help recover tax evasion, by Prithvi Man Shrestha (kp 28/11/2011)

Dev expenditure, revenue collection miss targets (kp 25/11/2011)

Key investigators transferred, by Milan Mani Sharma (rep 24/11/2011)

DRI files cases against defaulters: It claims Rs 3.44bn revenue from them,forecasts Rs 10bn leakage, by Shiromani Dhungana (ht 24/11/2011)

Customs chiefs oppose MoF idea to levy goods worth Rs 1,000 and above (rep 22/11/2011), Customs chiefs criticise
raise in exemption limit
, by Ashok Thapa (kp 22/11/2011)

Govt fails to meet revenue mobilisation target (ht 21/11/2011)

IMF asks Nepal to end VAT exemptions: Says tax holidays and tax rebates may lead to tax avoidance (kp 20/11/2011)

189 firms seek review of tax assessment (rep 20/11/2011)

Draft of property tax bill ready: Property declaration mandatory; undeclared property to be illegal, by Ashok Thapa (kp 19/11/2011)

IRD confirms another 33 firms engaged in VAT scam (kp 19/11/2011)

Tax compliance rate still too low (kp 18/11/2011)

14 years of VAT: Just getting started, by Maharaj Koirala (rep 17/11/2011)

Action against tax evaders boosts VAT collection (rep 17/11/2011)

19 firms move Revenue Tribunal, by Milan Mani Sharma (rep 16/11/2011)

Revenue losses: Immediate rectification steps, by Ashok Shumshere JB Rana (ht 16/11/2011)

DRI uncovers new nexus of frauds: Fake bill producers, wholesalers, retailers come under dept radar (ht 15/11/2011)

Birgunj IRO sees good rise in tax collection, by Bhusan Yadav (kp 08/11/2011)

Customs revenue jumps 11 percent in first quarter (kp 07/11/2011)

VAT scam: Govt makes public companies, firms under scanner (kp 31/10/2011), Big fish on list of VAT defaulters: Report brings multibillion rupee scam to light (ht 31/10/2011), Govt unveils names of suspected VAT bills defaulters (nn 31/10/2011), Confusion as report names clean firms, by Mukul Humagain (kp 01/11/2011), Govt vows stern action against VAT evaders (rep 01/11/2011), Govt vows action against VAT defaulters; big houses slam defaulter list (nn 01/11/2011), 65 firms move Revenue Tribunal (rep 02/11/2011), The VAT scam (rep 02/11/2011), FNCCI demands stern action against VAT evaders (kp 02/11/2011), Lawmakers demand jail term for evaders: Claim fake VAT bills scandal is ‘financial crime’ (ht 03/11/2011), Put VAT receipts forgers behind bars: PAC (rep 04/11/2011), Govt mulls criminal charges against some VAT evaders (kp 07/11/2011)

Revenue mobilisation growth slows down (ht 26/10/2011)

Valley-based LROs post 17.26 pc drop in revenue collection, by Sanjeev Giri (kp 25/10/2011)

Biratnagar's big retail stores evading taxes, by Khilanath Dhakal (rep 24/10/2011)

Cabinet okays BIPA, double tax avoidance accord (rep 20/10/2011)

IRD slaps tax bills of Rs 3.45 billion (rep 20/10/2011), IRD completes investigation of 365 VAT fraud cases: Slaps Rs 3.45 billion; Still to probe large taxpayers (ht 20/10/2011)

Govt mobilizes three revenue operation teams, by Prabhakar Ghimire (rep 24/09/2011)

Govt to form Excise Dept to curb leakage (rep 20/09/2011), DRI specifies role: of cops in controlling revenue leakage (kp 20/09/2011)

Fake VAT bill probe continues (ht 20/09/2011)

DRI proposes three-tier mechanism to curb revenue leakage (kp 16/09/2011)

Revenue leakage smells in ISPs: Internet Service Providers under government scanner (ht 11/09/2011)

Control use of fake customs documents: FM Pun (rep 08/09/2011)

DRI unearths misappropriation of additional Rs 110m (rep 06/09/2011), DRI seals warehouses of three more firms, by Prabhakar Ghimire (rep 07/09/2011), DRI raids three more Birgunj firms, by Prithvi Man Shrestha and Bhusan Yadav (kp 07/09/2011), DRI to target hundi: 12 suspected cases under scanner (ht 12/09/2011)

Govt to set up 13 taxpayer service centers outside the valley (rep 02/09/2011)

Butwal municipality to intensify rental tax collection (rep 02/09/2011)

Capital gain tax collection dropped 15pc last fiscal year (kp 31/08/2011)

Small customs offices see Shares rise in revenue collection (kp 26/08/2011)

VAT bill probe will take more time (kp 24/08/2011)

VAT transactions above Rs 50K only through banking system: Govt (rep 21/08/2011)

LROs achieved only half of revenue target last fiscal, by Sanjeev Giri (kp 12/08/2011)

177K new taxpayers brought under tax net last year (kp 07/08/2011)

Fake VAT racket: 216 firms slapped Rs 2.78b in tax, fine (rep 05/08/2011)

Govt misses revenue target by Rs 16b (rep 29/07/2011)

Birgunj customs misses revenue target, by Upendra Lamichhane (rep 18/07/2011), Birgunj Customs falls 13pc short of revenue target, by Shankar Acharya (kp 18/07/2011)

Tatopani seizes goods worth 10 m this year, by Dhruba Dangal (rep 15/07/2011)

Income source disclosure provision to be relaxed, by Bibek Subedi (kp 15/07/2011)

Contribution of non-tax revenue low (ht 14/07/2011)

Administration fails in revenue mobilisation: Political interference,lack of strong revenue authority,will power still remain challenges (ht 13/07/2011)

Govt should revise tax structure based on fuel consumption, by Shiromani Dhungana (ht 11/07/2011)

Headless revenue tribunals hamper revenue collection, by Pranab Kharel (kp 06/07/2011), All 5 revenue tribunals non-functional, by Bimal Gautam (rep 07/07/2011)

Lekhnath may implement Integrated Property Tax in 2012-13, by Manoj Adhikari (rep 04/07/2011)

Tax system & Nepal's fiscal woes, by Mukesh Khanal (rep 03/07/2011)

MoFA seeks tax exemption in allowance (kp 02/07/2011)

Lawmakers demand strong action against fake VAT bill users (nn 17/06/2011), Don’t pardon VAT evaders, PAC directs MoF (kp 18/06/2011), Govt to settle 101 VAT default cases this year: PAC directs to make name public (ht 18/06/2011)

Revenue collection from customs points fails to meet target (nn 13/06/2011)

Realty revenue faces a slump (ht 11/06/2011)

Use of fake excise duty stickers rampant (kp 10/06/2011)

Revenue collection increases by over 14 pc (nn 29/05/2011)

Customs revenue falls short of target (kp 26/05/2011)

Govt downsizing small customs by one-third (rep 25/05/2011)

Protest against customs tightening, by Ajit Tiwari (rep 23/05/2011), Govt tightens customs points across the country, by Prabhakar Ghimire (rep 23/05/2011)

FM to create revenue investigation, money laundering departments (ht 18/05/2011)

Revaluation weakens drive to check illicit trade, by Milan Mani Sharma (rep 15/05/2011)

Fake VAT bills probe slows down (kp 15/05/2011)

TI-Nepal to PM: Penalise tax evaders (kp 13/05/2011)

New valuation affects imports from Biratnagar, by Ajit Tiwari (rep 12/05/2011)

Govt opens three tax service centers (rep 03/05/2011)

Casino defaulters to face axe (kp 02/05/2011)

Revenue leakage on Birgunj customs premises, by Bhusan Yadav (kp 29/04/2011)

Govt needs over Rs 70 b to meet targeted revenue collection (nn 24/04/2011), Revenue collection may fall short of target (ht 25/04/2011)

Sluggish customs growth has govt worried (kp 24/04/2011)

DRI tightens checks at customs, by Risiram Poudel (kp 21/04/2011)

‘Amend law to make policy transparent’ (ht 21/04/2011)

Tourist arrivals up, but revenue down, by Sangam Prasain (kp 09/04/2011)

Birgunj Customs losing revenue to Dry Port (kp 09/04/2011)

Big fish getting away, by Mani Dixit (ht 08/04/2011), PAC tacks ‘criminal’ tag on finance ministry: Seeks action against VAT evaders in 15 days (ht 09/04/2011), Lawmakers' ire at MoF withholding VAT racket info (rep 09/04/2011), Nab VAT evaders PAC tells govt (kp 09/04/2011)

Revenue mobilisation declines due to delay in budget (nn 07/04/2011)

WB support sought to curb VAT anomalies, by Milan Mani Sharma (rep 18/03/2011), Govt mulls mandatory electronic billing, by Milan Mani Sharma (rep 19/03/2011)

Revenue collection up by 16 pc (nn 17/03/2011)

Bogus VAT transactions touch Rs 10b, by Milan Mani Sharma (rep 17/03/2011), Business community's shame (rep 17/03/2011)

Fake VAT bill racket: IRD slaps Rs 1.35b in tax, fines on 20 firms, by Milan Mani Sharma (rep 16/03/2011)

Vehicle tax collection up despite slump in sales (kp 12/03/2011)

How a conman ‘VAT fleeced’ the govt (kp 08/03/2011)

Revenue collection from students going overseas for higher studies declines (nn 07/03/2011)

Revenue collection up in Kailali district (nn 06/03/2011)

Revenue collection still poor (kp 25/02/2011), Govt collects Rs. 107.67 billion revenue during first 7 months (nn 25/02/2011)

Govt treading uphill road in bid to hit customs revenue target (kp 22/02/2011)

Govt decree works, casinos paying dues: Four turn up at revenue office to settle outstanding tax liabilities, by Kuvera Chalise and Chiromani Dhungana (ht 12/02/2011), Pay up deadline ends: six casinos cough up dues (kp 12/02/2011), Eight casinos may have to shut shop (kp 14/02/2011), The penny drops: Eight casinos which have not paid their dues are to be shut down, by Sangam Prasain (kp 14/02/2011), Casinos to run till a minister is found: Decision to revoke their licences can not be taken at the secretary level (ht 14/02/2011), Casinos given show-cause notice: These eight casinos still owe Rs 355 million to the government (ht 17/02/2011)

KMC to begin tax collection drive (ht 12/02/2011)

Medical college flouting tax rules: The college has not paid taxes worth Rs 100 million since its inception in 2001, by Bhusan Yadav (kp 10/02/2011)

Business Ad fined Rs 2.7m for evading VAT (kp 10/02/2011)

Most Chitwan hotels not VAT-registered (kp 09/02/2011)

IRD to set up tax offices in Capital: It will also audit the accounts and investigate revenue collection (ht 07/02/2011)

Govt collects over Rs 18 billion revenue from large taxpayers (nn 04/02/2011)

VAT collection by Birgunj IRO up 54pc, by Bhusan Yadav (kp 02/02/2011)

Gotcha, said the taxman: IRD moves against 15 companies on the charge of evading tax by using fake VAT bills, by Mukul Humagain (kp 31/01/2011), Flying squad raids Laxmi Steel on suspicion of evading VAT, by Prithvi Man Shrestha (kp 01/02/2011), Rs 71 million fine slapped on Varun Beverages, by Prithvi Man Shrestha (kp 02/02/2011)

Tax dues collection may begin in mid-February (ht 31/01/2011)

Crossing the border: Customs reform is necessary to transform revenue leakages into higher revenue yields, by Shyam Dahal (kp 26/01/2011)

Tax evasion: Under-invoicing rampant, by Mukul Humagain and Sujit Mahat (kp 26/01/2011)

Revenue collection above target so far: This, despite a delayed budget and consequent slowdown in the economy (ht 19/01/2011), Govt collects Rs 26.24 billion as revenue in Pous (nn 19/01/2011)

‘Revenue growth will slow to 4 pc’ (ht 15/01/2011)

Govt to strictly penalise those involved in tax evasion (nn 12/01/2011)

Professionals to be brought in tax net: Preparations to take legal action against non-compliance in final stage (ht 11/01/2011)

Tax dodgers using fake VAT receipt bills, says IR Dept (kp 09/01/2011)

Govt fixes price of sugarcane; exempts VAT by 70 percent on sugar (nn 04/01/2011)

Govt urged to cut VAT, change valuation system (kp 29/12/2010)

Govt collects Rs. 82 million EST during first four months (nn 29/12/2010)

Revenue dips with slump in real state transactions (kp 28/12/2010)

‘Tax collection last year better than expected’ (ht 24/12/2010)

Budget delay hits government revenue collection (kp 21/12/2010)

Govt collects Rs 65.50 billion as revenue (nn 21/12/2010)

Lawmakers demand transparency in NOC (kp 17/12/2010)

DRI mounts pressure on casino-housing hotels (kp 07/12/2010)

Customs duty hike spurs smuggling, by Binod Bhandari (kp 06/12/2010)

VAT registration improving in Nepal (nn 25/11/2010)

Revenue drop leaves govt high and dry (kp 30/10/2010)

Govt again provides VAT discount to domestic ghee and oil (nn 24/10/2010)

Resource mobilization and TYIP: A look at endeavours, by Ashok Sjumshere J.B. Rana (ht 24/09/2010)

Revenue inflow petering, by Shanker Acharya (kp 23/09/2010)

Revenue mobilisation growth rate slows down (ht 21/09/2010)

Revenue collection posts 12.1pc growth Fiscal year starts with encouraging trend (ht 24/08/2010), Revenue collection augments by 12.1 pc (nn 24/08/2010), Revenue collection up 12 pc in the first month of current FY (nn 25/08/2010)

Incentives to work, by Hikmat Bhandari (kp 23/08/2010)

Top ten tax payers: Nepal telekom id the largest of 'em all, by Mukul Humagain (kp 21/08/2010)

Tax payers increase in Dang (nn 20/08/2010)

Customs duty on sugar reduced to 1 pc (ht 14/08/2010)

152,000 new taxpayers (kp 12/08/2010)

8 customs offices short of target (kp 09/08/2010)

Historical achievement: The government has excelled in tax collection despite a poor showing on other fronts, by Krishna Hari Baskota (kp 06/08/2010)

Valley land revenue dips (kp 28/07/2010)

Revenue of over 8.5 billion collected from Biratnagar customs (nn 26/07/2010)

Revenue collection surpasses target (kp 21/07/2010), Revenue collection exceeds target (ht 21/07/2010), Revenue mobilisation surges to Rs 179.90 bn (nn 21/07/2010), Losing battle (ht 22/07/2010)

Customs Dept collects Rs 83 bn (ht 19/07/2010)

Tatopani revenue hit as import dips (kp 18/07/2010)

Hefty tax weighs airlines down (kp 12/07/2010)

New budget may not bring income tax relief to people (ht 30/06/2010)

Cut corporate tax, says CNI (kp 30/06/2010)

Govt set to shackle tax payment delay (nn 28/06/2010)

Revenue target likely on (kp 20/06/2010)

Revenue rose by 25.83 per cent, says govt, by Yogesh Pokharel (rn 18/06/2010)

17 customs offices unable to collect targeted revenue (kp 17/06/2010)

Capital gains tax drops over three times Nepse estimates taxes to be in the range of Rs 270 million for current fiscal (ht 13/06/2010)

Hundi downsizing remittance revenue (rn 11/06/2010)

Multiple VAT buckaroo ‘a no go joe’ (kp 08/06/2010)

VAT in excess, income tax short (kp 06/06/2010)

Rs 1.75m collected from yarchagumba hunters (kp 31/05/2010)

IRO to nab VAT dodgers (kp 30/05/2010)

Call to exempt VAT on cooking gas (ht 21/05/2010)

TIMS card pushed revenue collection up in April (ht 18/05/2010)

Tax policies in Nepal: Formulation, implementation and regulation, by Ashok Shumshere J.B. Rana (ht 29/04/2010), Nepal’s tax system: Issues, problems and options, by Ashok Shumshere J.B. Rana (ht 19/05/2010)

Govt releases new income tax guideline (kp 02/04/2010), Tax net should be expanded: Pandey (rn 02/04/2010), FM bemoans apathy towards PAN (ht 02/04/2010), All eyes on taxes: High taxes and low savings reflect high spending and reduced disposable income, by Yoga Nath Poudel (kp 04/04/2010)

'Economic development not possible without widening tax net' (nn 01/04/2010)

Duty on gold to go up (kp 12/03/2010)

Govt reduces custom, VAT on various products (nn 07/03/2010)

Revenue dept files cases in multi-million dollar scam (kp 06/03/2010)

DRI crackdown on fake receipts, tax evasion (kp 05/03/2010)

Revenue collection overshoots target (kp 17/02/2010), Govt collects over Rs. 94 B revenue in seven months (rn 17/02/2010), Revenue collection surpasses target (nn 17/02/2010), Revenue inflow surpasses target (ht 17/02/2010)

Tatopani customs feels the heat (kp 07/02/2010)

Modern customs: Partnership between customs and the business sector is not a choice, but a necessity, by Shanker Man Singh (kp 07/02/2010)

Revenue collection posts impressive growth (nn 21/01/2010)

Birgunj customs sees revenue collection surge of 52 pc (nn 18/01/2010)

Commodity marketeers decry capital gain tax (ht 10/01/2010)

Govt effortful to bring all activities in tax net (rn 10/01/2010)

Taskforce: Revamp, rename RID, by Prithviman Shrestha (kp 07/01/2010)

Department of Inland Revenue (IRD)

Department of Customs

a

Copyright 1999-2012, Nepal Research.
nepalresearch.org is not liable for any unsuitable material found in any of the links included in this web site.
Please contact the respective web sites for any relevant information.