Biratnagar
Customs Office fails to meet revenue target, collects
only 56.81 percent, by Binod Subedi (rep 24/09/2023)
Revenue
collection still remains dismal (ae 20/09/2023)
Bara-Parsa
traders complain of tax overburden : A truck
transporting cargo from Birgunj to Pathlaiya has to pay
at least Rs2,400 in assorted local taxes, traders say,
by Bhusan Yadav (kp 14/09/2023)
DRI
raids several Birgunj-based firms (rep 11/09/2023)
11
casinos owe Rs 3.5 billion in revenue (rep
01/09/2023)
Companies
doing transaction less than Rs 10 million can now pay
VAT on quarterly basis (rep 20/08/2023)
DRI
raids Thamel-based LOD club suspecting tax evasion,
seizes ledgers : DRI takes control of LOD’s transaction
accounts (rep 15/08/2023)
KMC
collects Rs 10.25 billion from rental taxes in one year
(rep 09/08/2023)
Government’s
income from share trading dips by 71.3 percent (ae
02/08/2023)
IRD
starts investigations against around 2,000 taxpayers
suspected of evading taxes of Rs 9.93 billion (rep
02/08/2023)
Supreme
Court issues short-term interim order not to levy VAT on
air tickets : The apex court has summoned both parties
for discussion and has also asked the government to
furnish a written clarification (kp 31/07/2023)
Border
shoppers moan at end of duty-free system : Officials say
the new rule has been enforced to discourage illegal
cross-border trade and promote local businesses, by
Deo Narayan Shah, Madhav Dhungana and Manoj Poudel (kp
20/07/2023)
Govt
issues guidelines to enforce five percent tax on foreign
trips (rep 18/07/2023)
Taxman
launches new fiscal year with VAT on air travel :
Collecting VAT from international air passengers
violates Nepal’s commitment to ICAO, by Sangam
Prasain (kp 18/07/2023)
New
fiscal year introduces updated tax laws (kh
17/07/2023)
Birgunj
Customs Office collects only 60 percent of 11-month
revenue target as import drops (rep 02/07/2023)
Collection
of capital gains tax on shares transactions doubled to
Rs 260 million last month (rep 01/07/2023)
Customs
revenue drops by 23 percent (ae 26/06/2023)
In
defence of Nepal : The dispute between Axiata (and
Ncell) and Nepal revolves around purported treaty
breaches, by Semanta Dahal (kp 25/06/2023)
Rights
groups say no VAT on potatoes and onions : The
government collects 9 percent agriculture service
charge, 1.5 percent advance tax and 13 percent VAT on
various food products, by Krishana Prasain (kp
24/06/2023), FinMin
Mahat clarifies that govt imposes VAT on potato and
onion to protect and boost the domestic production
(rep 28/06/2023)
Birgunj
Customs experiences decline in use of letters of
declaration (kh 248/06/2023)
KMC
urges IRD to return house rent taxes to the local level
(kh 20/06/2023)
Govt
revenue collection falls short by Rs 1.78 billion as
compared to first 11 months of last FY (rep
17/06/2023)
IRD
takes measures to enhance advance tax deduction for
high-income individuals (rep 15/06/2023)
Nepal
likely to lose Rs57 billion in extra taxes from Ncell :
Government won capital gains tax dispute but has been
asked to avoid further taxing the firm over 2016 buyout,
by Prithvi Man Shrestha (kp 13/06/2023), Axiata,
Ncell claim Oli had assured no capital gains tax on
Ncell buyout deal : International tribunal, however,
finds no written assurance or notes confirming claim,
by Prithvi Man Shrestha (kp 14/06/2023)
Tourism
entrepreneurs urge govt to remove taxes on tourism and
air services (rep 10/06/2023)
FENEGOSIDA
urges govt to immediately revoke 2 percent luxury tax
imposed on gold and silver items (rep 10/06/2023)
1
step forward, 2 steps back in Nepal : Flip-flopping tax
rates on battery powered vehicles undermine Nepal’s
climate targets and public health, by Sonia Awale
(nt 09/06/2023)
Govt
backs off from its decision to squeeze stocks investors
by considering their earnings in income tax bracket :
With the govt new decision, investors will have to pay
only capital gains tax of 5 percent or 7.5 percent
(rep 05/06/2023), Government
steps back from new tax arrangement to calm stock
investors (ae 05/06/2023)
Government
Expands Excise Duty Coverage (rep 03/06/2023)
Rs
10K tax levied on imported cell phones costing over Rs
100,000 (rep 30/05/2023) [Mobile
phones are important tools of information and
telecommunication that must be affordable for all
citizens! Higher tax rates for luxury devices are
rational.]
Nepal’s
tax system widens rich-poor gap : The new budget needs
to overhaul the tax structure that favours the
privileged, by Ramesh Kumar (nt 26/05/2023)
Sluggish
revenue collection highlights deepening economic
downturn (ae 17/05/2023)
Ways
To Address Revenue Shortfall, by Mukti Rijal
(04/05/2023)
Google
registered with Nepal’s tax system (rep 21/04/2023)
Government
spending hit by slowed revenue inflow : Officials admit
that there have been some issues related to payment, but
say that the problem is not as severe as made out to be,
by Pawan Pandey (kp 06/04/2023)
Dismal
revenue collection adds to govt’s woes (ae
16/03/2023), Revenue
collection takes a blow due to macroeconomic headwinds
(ae 17/03/2023)
Online
revenue payment starts in Kalikot (rep 15/03/2023)
Revenue
collection short of target by Rs 80 billion, by
Himal Lamsal (rep 14/03/2023), Revenue
collections target remains unmet (rep 15/03/2023)
IRD
starts ‘full audit’ of 105 large taxpayer companies on
suspicion of manipulating financial report (rep
07/03/2023)
TIA
customs office releases telecommunication equipment
worth over Rs 1 billion imported by NTA after levying Rs
320 million in taxes (rep 09/02/2023)
India
tax exemptions may make EVs cheaper in Nepal : The
Indian government has waived taxes on several inputs
through the budget for the fiscal year 2023-24, by
Krishana Prasain (kp 05/02/2023)
Revenue
mobilization slow off the mark: Finance Minister Poudel
(kh 31/01/2023)
Nepal's
Shrinking Revenue Collection, by Hari Prasad
Shrestha (rep 26/01/2023)
Government
misses revenue collection target by 30 percent (ae
16/01/2023)
Restaurants
adding VAT on menu price to face fines : VAT and service
charge are included in the meal prices, and restaurants
cannot issue bills with extra taxes, officials say,
by Krishana Prasain (kp 07/01/2023)
Revenue
administration gets into action to meet revenue target
(ae 06/01/2023)
Bureaucracy
snubbed the Prime Minister’s directive? In less than a
week, Prime Minister Pushpa Kamal Dahal twice directed
the bureaucracy not to implement MDMS. But has the
bureaucracy complied with the PM’s directive? (nlt
03/01/2023), Let
returnees bring two mobile phones from abroad: PM Dahal
(kh 03/01/2022)
Home
and Finance Ministry join hands to control revenue
leakages (ae 30/12/2022)
Govt
to impose 18 percent tax on mobiles brought by
foreign-returnees (kh 29/12/2022), PM
Dahal directs authorities concerned not to implement
decision to impose tax on mobiles brought by
foreign-returnees (nlt 30/12/2022), Plan
to fully implement mobile device management system
halted indefinitely : The prime minister instructed the
finance minister not to implement the decision amid
public criticism (kp 31/12/2022)
Revenue
collection fails to meet target (kh 20/12/2022), Economic
slowdown hits IRD’s revenue collection hard (ae
20/12/2022)
Over
66 percent of taxpayers in Dhanusha do not submit tax
details regularly (kh 19/12/2022)
Birgunj
Customs Office fails to meet revenue collection target
(kh 30/11/2022)
VAT
refund system in Nepal Design and implementation, by
Rup Khadka (ht 28/11/2022)
Inland
Revenue honours big taxpayers : Vijaya Kumar Shah,
chairman of the Jawalakhel Group of Industries, topped
the list among individual taxpayers while Nepal Telecom
was announced as the country’s largest income taxpayer
(kp 24/11/2022)
DoT
collects Rs 93 million in royalties (ht 22/11/2022)
Twenty-five
years of VAT : Owing to past experiences with
bureaucracy, nobody believed they would get a tax refund,
by Rup Khadka (kp 21/11/2022)
Huge
decline in share transaction takes its toll on govt
revenue from capital gains tax (rep 16/11/2022)
Government
struggling to hit revenue targets after prolonged import
curbs : Its contrasting policy of reducing imports but
boosting revenues, as expected, appears to be headed for
a failure. Election-targeted populist measures have not
helped either, by Prithvi Man Shrestha (kp
02/10/2022)
Extra
charge cannot be added to menu, court rules : A
Kathmandu District Court verdict prevents businesses
from adding 13 percent VAT and 10 percent service charge
to the bill, as they have been doing, by Krishana
Prasain (kp 28/09/2022)
Government
changes tax rate of various goods (kh 09/09/2022)
City
gives Nepal Army and Nepal Police 10 days to pay due
rental taxes : Officials say Army and Police
headquarters have been running businesses from their
premises but have not paid taxes (kp 09/09/2022)
Kathmandu
metropolis pursues big tax evaders : City gives 17 firms
10 days to pay taxes. On Sunday it wrote to 7 casinos to
clear entertainment tax in a week, by Anup Ojha (kp
07/09/2022)
Ministry
of Communications collects Rs 7 billion in revenue
(kh 24/08/2022)
Banke
collects Rs 29.65 billion in revenue (kh 07/08/2022)
Rs
28.8 million plus revenue exempted as women register
land plots in their names (rep 05/08/2022)
Bhairahawa
Customs office meets 90 percent revenue collection
target: Import worth Rs 300 billion, exports worth Rs 7
billion (rep 02/08/2022)
Digital
services provided by foreign firms to be taxed from
tomorrow : Digital service providers such as YouTube,
Facebook, Twitter, Netflix and others will have to
register in Nepal from July 17, officials say, by
Pawan Pandey (kp 16/07/2022)
Government
meets 88.41 percent target in revenue collection (kh
15/07/2022)
Nepal
has over 4 million taxpayers (kh 14/07/2022)
DRI
files a Rs 443.8 million fraud case against 27 people
(kh 29/06/2022)
Meeting
revenue target a tough ask amid import reduction plan :
The government collects more than half of the total
revenue from imports. The country’s forex reserves,
however, have been dwindling fast due to import surge,
by Prithvi Man Shrestha (kp 12/06/2022)
IRD
discloses tax rates as per reforms proposed in budget
for upcoming fiscal (kh 07/06/2022)
Income
tax limit likely to incur a loss of over Rs 20 billion :
1% income tax up to Rs 600,000 (kh 01/06/2022)
Govt
plans to trim taxes on petroleum products (nlt
27/05/2022)
More
than 4.5 million take PAN in Nepal (kh 03/05/2022)
New
case on fake VAT receipts filed at Patan High Court :
Revenue investigation department has earlier filed cases
of fake VAT receipts for Rs25 billion (kp
25/04/2022)
DRI
files cases against three companies for evading over Rs
180 mln revenues (kh 25/04/2022)
Licenses
of three casinos revoked for non-payment of arrears
(rep 31/03/2022)
Govt.
Treasury Up By 20%, Tax Revenue Covers Over 85% Of Govt.
Income (rn 21/03/2022)
DRI
files Rs. 165 million revenue leakage case against three
persons (kh 16/03/2022)
Court
orders Hetauda sub-metropolis to stop tax collection by
placing road barriers (rep 11/03/2022)
Revenue
fraud lawsuit claiming over Rs 7 bln filed against
Coca-Cola Nepal (kh 11/03/2022), Rs
7.43 billion tax evasion case filed against Bottlers
Nepal : The Department of Revenue Investigation has
accused Bottlers Nepal of evading capital gain tax while
transferring its ownership (nlt 11/03/2022), Bottlers
Nepal faces tax evasion case of Rs3.71 billion : Company
faces charge of not paying capital gains tax when
majority ownership was transferred in October 2014,
by Prithvi Man Shrestha (kp 12/03/2022)
PPO
recommends to govt to take legal action against Bottlers
Nepal accused of evading capital gains tax (rep
03/03/2022)
New
Import Provisions Shrink Customs Revenue (rn
27/02/2022)
Revenue
collection: Nepal collects more than Rs. 33
billion extra than in previous fiscal year (kh
21/02/2022)
Govt
collects Rs 764.50 million in royalty dues from casinos,
six casinos yet to pay Rs 1.11 billion (rep
20/02/2022)
Government
goes after delinquent hotels and casinos : With many
casinos defaulting on their taxes, casino royalty
irregularities have piled up to nearly Rs2 billion,
by Sangam Prasain (kp 11/02/2022)
KMC
recovers Rs 70 million arrears from tax payers (kh
10/02/2022)
Nepal’s
electric vehicle imports surge after tax cuts :
According to the Department of Customs, 1,103
battery-powered cars worth Rs3.24 billion entered the
country between mid-July and mid-January, by
Krishana Prasain (kp 02/02/2022)
Govt
revenue collection falls short of target by Rs 17
billion in first half of current FY (rep 17/01/2022)
Imports
Revenue Edges Up By 44% (rn 24/12/2021)
DRI
summons Bottlers Nepal’s executives, steps up
preparations to file lawsuit against them on charge of
revenue leakage (rep 19/12/2021)
Local
govts told to abide by law in tax collection (ht
16/12/2021)
Revenue
collection exceeds target in Nawalpur (kh
09/12/2021)
SC
trashes Oli govt’s decision to hike tax on retirement
payments (rep 08/12/2021)
DoRI
sues five businessmen on deceit and fraud allegation
worth 244 million (kh 07/12/2021)
DRI
files cases, seeks to recover Rs 447.38 million from two
individuals accused of revenue leakage (rep
05/12/2021)
FNCCI
urges govt to simplify policy and procedural hurdles in
taxation (rep 02/12/2021)
Discount
schemes fail to attract tax defaulters : Just 25 percent
tax target met, latest Department report says (kp
01/12/2021)
Revenue
collection at Birgunj Customs Office surpasses target by
Rs 5 billion (rep 24/11/2021)
Expand
tax base : The taxpayer must feel that the tax being
paid will be utilised for the well-being of fellow
citizens and not squandered (ht 19/11/2021)
Finance
Minister Sharma promises reward to those reporting tax
evasion cases (rep 18/11/2021)
Cases
filed against 12 for evading taxes (kh 17/11/2021)
National
Tax Day : Remembering 3 VAT heroes, by Rup Khadka
(ht 17/112021)
Nepal
Telecom honored as the largest Taxpayer (rep
17/11/2021)
Mechanism
To Be Made To Hear Tax-Payers' Complaints (rep
17/11/2021)
Govt
raises duties on silver import by around 26 percent in a
bid to check its illegal trading (rep 15/10/2021)
Inland
Revenue Office raids tax evading suppliers (kh
06/10/2021)
Birgunj
customs office collects Rs 855.08 billion in two months
(kh 27/09/2021), Biggest
Birgunj customs collects Rs 40 bln revenue in two months
(kh 29/09/2021)
Revenue
Department files cases claiming Rs24.74 billion in lost
taxes : Cases involve use of fake value added tax
receipts and foreign currency misuse by firms and
individuals, by Prithvi Man Shrestha (kp 24/0/2021)
FinMin
Sharma under scanner over his decision to waive taxes on
sponge iron, by Balkrishna Gyawali rep 18/09/2021)
Lalitpur
metropolis starts bringing vehicles with advertisements
under tax net (rep 13/09/2021)
Govt
hikes tax on two-wheelers (kh 11/09/2021)
Kathmandu
Metropolitan City is using music and dance to caution
tax defaulters : Seventy-five businesses and entities
owe the City Rs 600 million in taxes, say officials,
by Anup Ojha (kp 26/08/2021)
Impose
inheritance tax to change politics : Family feuds
generally revolve around ancestral assets in the form of
land and property, by Sujeev Shakya (kp 24/08/2021)
NOC
contributes Rs 97 billion to govt’s revenue, by
Dilip Poudel (rep 24/08/2021)
Govt
Launches Customs Reform And Modernisation Plan (rn
18/08/2021)
KMC
gives three-day ultimatum to 23 big taxpayers to pay
taxes (rep 28/07/2021), Kathmandu
Metropolitan City announces to padlock offices of 23 tax
evaders : Analysts say the City has made such promises
in the past as well and, owing to a lack of sincerity on
the part of its officials, has failed to bring taxpayers
under the tax net, by Anup Ojha (kp 30/07/2021)
Bagmati
Province launch TMIS, an online platform to pay vehicle
tax (rep 24/07/2021)
Revenue
of over Rs 80 million collected (kh 18/07/2021)
Food
industry evading tax worth over Rs 90 million (kh
08/07/2021)
Government
is way behind tax revenue target as fiscal year ends on
July 15 : Annual target is Rs450 billion but the Inland
Revenue Department has collected just Rs373.26 billion
until July 3, by Prithvi Man Shrestha (kp
06/07/2021)
Bhatbhateni
Supermarket tax fraud case: SC allows review of its
former verdict (kh 25/06/2021)
KMC
to provide special discount to taxpayers (kh
18/06/2021)
Private
sector urges tax filing deadline extension (ht
05/05/2021)
13
firms accused of embezzling Rs 2.19 billion using fake
VAT bills (rep 25/04/2021)
DoRI
files revenue fraud cases against 16 people (ht
24/04/2021)
Tax
authorities bust fake VAT bill racket : Individuals
associated with more than 170 firms charged with tax
evasion amounting to Rs22 billion, by Prithvi Man
Shrestha (kp 15/04/2021)
DoC
plans to hire custom agents after two decades (ht
30/03/2021)
Cases
filed against nine firms for dodging nearly Rs3 billion
in taxes : Four of these firms, with involvement of the
same person, were found to be selling goods that they
had not procured legally. The racket involves purchase
of fake VAT bills (kp 27/03/2021)
KMC
to bring house owners, businesspersons under tax net
(ht 24/03/2021)
Over
500,000 taxpayers hit by pandemic get tax waiver worth
over Rs2 billion : In the Financial Act, the government
provisioned tax discounts ranging from 20 to 75 percent
for pandemic-affected businesses from their tax
liability for last fiscal year, by Prithvi Man
Shrestha (kp 21/03/2021)
Tax
authority seeks domestic solution to excise sticker
shortage problem : After awarding contracts to Janak
Education Materials Centre to print 1.44 billion pieces
of excise stickers, officials are considering ordering a
billion more pieces, by Prithvi Man Shrestha (kp
18/03/2021)
Scheme
to motivate tax arrears payment sees poor response :
Just over 8,000 people have taken advantage of the
scheme so far against the targeted participation of more
than 40,000, by Prithvi Man Shrestha (kp 07/03/2021)
Fewer
taxpayers obtain PAN as coronavirus bites economy :
According to the Finance Ministry, 393,630 persons and
firms received taxpayer identification numbers during
the first six months, by Prithvi Man Shrestha (kp
04/03/2021)
20
per cent local stake in Ncell needs to be probed : Money
appears to have flowed covertly to fund local partners
via tax havens (ht 10/01/2021), Start
a probe : While Nepal welcomes FDI, we must see to it
that there are no shady deals to circumvent the
country’s laws (ht 11/01/2021)
LTO
reassesses Ncell’s CGT liability at Rs 60 billion
(ht 04/01/2021)
Supreme
Court seeks govt explanations on scrapping 10% customs
duty on imported books (rep 19/12/2020)
Tax
authority’s excise sticker procurement bid faces yet
another legal hurdle : Court’s latest interim order to
halt the process may impact production and
distribution of liquors and tobacco in the country,
by Prithvi Man Shrestha (kp 07/12/2020)
Five
firms accused of embezzling Rs 410 million using fake
VAT bills (rep 03/12/2020)
FNCCI
demands repeal of double taxation system (ht
03/12/2020)
Outstanding
tax dues top Rs100 billion as government struggles to
raise revenue : Taxpayers have appealed to the
Department of Inland Revenue and revenue tribunals for a
reassessment of their dues (kp 29/11/2020)
Nepal
steps up preparations to sign Double Tax Avoidance
Agreement with three more countries (rep 28/11/2020)
Insignificant
revenue, pressure made government roll back duty
on books : While importers welcome the move, authorities
are now worried about capital flight with overvaluation
of imported books, by Prithvi Man Shrestha (kp
27/11/2020)
Half
of taxpayers fail to file tax returns as virus hits
income, by Prithvi Man Shrestha (kp 27/11/2020)
Govt’s
revenue mobilisation stands at 22.33% of the country’s
GDP in 2019/20 (rep 26/11/2020)
Business
owners told to clear income tax dues by mid-March
(ht 26/11/2020)
IRD
collected Rs 384.53bn revenue last fiscal (ht
25/11/2020)
FinMin
urges stakeholders to meet revenue target (ht
24/11/2020)
Remove
the ‘luxury tax’ to overcome period poverty in Nepal :
Nepal should stop charging value added tax on menstrual
products to make them more affordable, by Jesselina
Rana and Shubhangi Rana (kp 18/11/2020)
Slow
first quarter revenue may force government to
borrow more : Authorities may fail to show urgency to
make up for the gap amid sluggish spending, thereby
upending economic activities, experts say, by
Prithvi Man Shrestha (kp 12/11/2020)
Rasuwa
customs office collects Rs 1 billion in revenue in four
months (rep 11/11/2020)
Biratnagar
Inland Revenue Office fails to meet revenue collection
target (kh 10/11/2020)
First
quarter end gives some respite to govt in revenue
collection (rep 17/10/2020)
Tax
authority tells nearly 30,000 firms to submit tax
details or face de-registration : The number of
non-filers has been growing each year and most of these
businesses are not in operation, say authorities, by
Prithvi Man Shrestha (kp 13/10/2020)
Revenue
collection exceeds target in Nepalgunj customs office
(kh 22/09/2020)
As
revenue dips, provincial and local governments worry
about funds from centre : Federal government can reduce
the promised funds but this would jeopardise projects,
by Prithvi Man Shrestha (kp 14/09/2020)
Government
press for textbooks to print nearly 100 million excise
duty stickers : Inland Revenue Department forced to seek
domestic solution as an emergency measure since it has
run out of important stickers with Indonesian company
selected to print them not showing up and Lithuanian
company’s claim in court, by Prithvi Man Shrestha
(kp 31/08/2020)
Government
collects Rs 61bn revenue in first month of current
fiscal (ht 20/08/2020)
Officials
won’t force taxpayers to clear their dues just yet: They
are waiting for the final verdict from the Supreme Court
on collection of taxes during the lockdown, by
Prithvi Man Shrestha (kp 16/08/2020), Govt
introduces a number of waivers and relief measures for
taxpayers late on filing returns (rep 16/08/o2020)
Around
200 firms sell fake VAT bills worth Rs 15 billion
leading to huge tax evasion: Revenue probe department:
The racketeers who sold the fake VAT bills have been
found to have registered firms in the name of poor and
ignorant people from rural areas so that they can avoid
being indicted by law enforcement agencies, by
Prithvi Man Shrestha (kp 06/08/2020)
Book
imports at a trickle as issues remain unresolved:
Government not backing down on decision to tax books
published in West based on their original value even as
importers pay discounted Indian prices (kp) [Politicians
cannot read, at least they don't. So, why should they
try to promote people's literacy?]
Revenue
Collection: What is a realistic target in a Covid-19
fiscal Year? (kh 18/07/2020)
Cases
filed against six people for Rs3.82b revenue dodging:
According to the department, the company dodged customs
duty amounting to Rs1.71 billion, value added tax (VAT)
amounting to Rs592.81 million and income tax including
capital gain tax amounting to Rs121.43 million, by
Prithvi Man Shrestha (kp 16/07/2020)
Driving
in reverse gear: Nepal's new tax policy is not in
support of the adoption of electric vehicles. It is
actually going against the global trend, by Paban
Raj Pandey (kp 16/07/2020)
Revenue
collection picks up pace as taxpayers volunteer to pay
to state coffers: As per a Supreme Court order, tax
authority should give taxpayers at least 30 days from
the day of complete lifting of the lockdown to pay their
dues, by Prithvi Man Shrestha (kp 05/07/2020)
Tax
authorities, government-run presses negotiating deal to
print excise duty stickers: The department is
considering to assign the job to a government press
after the Indonesian company selected to print the
stickers failed to show up to sign the contract, by
Prithvi Man Shrestha (kp 04/07/2020)
Businesses
start paying taxes though not obliged to (ht
25/06/2020)
Shortage
of excise stickers likely to deepen after Indonesian
company fails to sign contract: Authorities look for
alternatives as they can’t issue fresh bids or award the
contract to the second-ranked bidder, by Prithvi Man
Shrestha (kp 21/06/2020)
Finance
minister shows bleak revenue situation as court halts
revenue collection: Government fears it will be unable
to meet liabilities such as salary, pension and social
security allowance, by Prithvi Man Shrestha (kp
15/06/2020)
Supreme
Court orders government to allow taxpayers a month after
lockdown ends: Authorities ordered not to implement tax
notice and make justifiable review at places where
people continue to face difficulties (kp 12/06/2020)
Taxman
shows leniency toward liquor sector and casino licence
holders: The liquor industry is already heavily taxed,
and sales have dropped due to the lockdown, an official
says, by Prithvi Man Shrestha (kp 11/06/2020)
As
the never-ending lockdown continues, taxmen ask business
firms to clear taxes: Taxpayers say they have not been
able to collect cash from the market and are unable to
pay the tax at the moment, by Prithvi Man Shrestha
(kp 03/06/2020) [???], Deadline
to pay taxes extended by a fortnight to June 21: The
Inland Revenue Department deferred the deadline after
meeting with widespread criticism for asking citizens to
pay taxes in the middle of a lockdown, by Prithvi
Man Shrestha (kp 03/06/2020)
Move
to raise taxes on EVs draws flak (ht 30/05/2020)
Budget
announces significant tax exemptions of up to 75 percent
for micro and small industries: The budget for the
upcoming fiscal year has sought to provide remedy to
industries affected by Covid-19, including tourism,
agriculture and small businesses, by Prithvi Man
Shrtestha (kp 29/05/2020)
Lockdown
Effect: Customs Office Collects Not A Penny Since April
13 (rn 08/05/2020)
Lockdown
hits revenue collection at Birgunj Integrated Check
Post: Collection reached 35.61 percent of the total
revenue intake targeted for the period March 14 to April
11, by Ahankar Acharya (kp 17/04/2020)
Govt
collected only Rs 42b in taxes last month (rep
14/04/2020)
Ncell
deposits Rs 14.33 billion in govt coffer, meets CGT
responsibilities (ht 13/04/2020)
IRD
extends deadline for VAT until May 7 (rep
06/04/2020)
Revenue
collection from domestic sources on the rise (rep
30/03/2020)
The
mystery behind books and taxes: There is absolutely no
proof that the customs duty on imported books has
benefitted local printing presses, by Ruzel Shrestha
(kp 23/03/2020)
Tax
authority picks Indonesian company for supplying excise
duty stickers: Perum Peruri quoted a price of $10.47
million—the lowest among four bidders, according to the
Inland Revenue Department, by Prithvi Man Shrestha
(kp 17/03/2020)
Revenue
Investigation body issues public notice to firms
involved in suspicious transactions: Most of the firms
were allegedly involved in the transaction of fake VAT
bills, by Prithvi Man Shrestha (kp 08/03/2020)
Government
issues 35-day ultimatum to non-paying casinos and
hotels: The defaulting firms have been told to settle
their overdue royalties and taxes totalling Rs 1.57
billion with penalty and interest, by Sangam Prasain
(kp 07/03/2020)
Export
revenues from listed products down 4 percent in the
first six months: Shipments from mid-July to mid-January
were worth Rs 18.09 billion, according to the Trade and
Export Promotion Centre, by Krishana Prasain (kp
29/02/2020)
Govt
raises infrastructure tax on petrol, diesel by Rs 5 per
liter (rep 28/02/2020) [??]
Supreme
Court paves way for tax authority to procure excise duty
stickers: The process to procure the excise stickers
that need to be pasted on liquor and tobacco products
had to be put on hold after a writ petition demanded
that domestic printers also be allowed to participate in
the bidding, by Prithvi Man Shrestha (kp
25/02/2020), With
Supreme Court consent, tax authority moves forward with
plans to procure excise duty stickers: Excise stickers
for imported liquor have run out and the current stock
of stickers for domestic liquor and tobacco will only
last until mid-June, say officials, by Prithvi Man
Shrestha (kp
Stock
of excise duty stickers for domestic liquor and tobacco
products depleting fast: Tax officials say they have few
options—either using stickers meant for other types of
products or put a halt to sales of domestic liquor and
tobacco product, by Prithvi Man Shrestha (kp
17/02/2020)
10pc
VAT rebate scheme on e-payments from today (ht
11/02/2020)
Ncell
to pay all outstanding dues by May, tax authority says:
After paying Rs4.5 billion in December last year, the
company is supposed to pay around Rs19 billion in tax
dues and interest (kp 01/02/2020)
Bookstores'
decision to halt imports places attention once again on
taxes on books: Responding to the decision, many on
social media have decried the taxation of books on the
grounds that reading is about learning and education,
by Shashwat Pant (kp 30/01/2020), Scrap
the import duty on books: They should be making books
cheaper, not more expensive (kp 31/01/2020)
Dadheldhura
locals complain of ‘exorbitant’ taxes: Many locals
complain that the rising rate of taxes has taken a toll
on their finances, by D.R. Pant (kp 28/01/2020)
Revenue
from internal sector improving: FinMin (rep
27/01/2020)
Government
forming permanent revenue board to address tax concerns
(rep 26/01/2020)
Rasuwa
customs collects Rs 27.5 billion in revenue since 2015
(rep 26/01/2020)
Nepalgunj
Customs Office raises revenue target despite illegal
imports, by Arjun Oli (kp 23/01/2020)
Drinking
water users’ committees told to pay income tax on
savings, and they are not happy: Consumer committees say
they should get tax exemption as they are not
distributing dividends from their saved amount, by
Prithvi Man Shrestha (kp 21/01/2020)
Federal
government faces a revenue deficit of Rs 90 billion in
the first half: Government officials blame a drop in
imports and sluggish economic activities for the fall in
revenue collection, by Prithvi Man Shrestha (kp
20/01/2020)
Revenue
collection falls short by Rs 104b in first half (rep
16/01/2020)
Rasuwagadhi
meets 78% of annual revenue target in 6 months, by
Himnath Devkot (rep 16/01/2020)
Bhat-Bhateni
among firms faking VAT bills worth millions: SC (rep
14/01/2020)
Government
is running out of duty stickers and that may halt liquor
and cigarette sales: All liquor and cigarette products
require an excise duty sticker, but with the procurement
process halted, stickers are fast running out, by
Prithvi Man Shrestha (kp 09/01/2020) [This
is the best government (in)action for people's health
yet!]
British
Council owes millions in taxes, a complaint filed in
Parliament says: A consumer rights forum lodged a
complaint alleging that the British Council has not paid
taxes on its income from IELTS, by Binod Ghimire (kp
03/01/2020)
Ncell
pays Rs4.5 billion from its outstanding tax liability:
The Supreme Court on November 21 determined the tax to
be paid by Ncell at Rs21.1 billion, by Prithvi Man
Shrestha (kp 01/01/2020)
What
Ncell tax dispute is all about: Confusions arose early
on whether to tax the mega buyout deal. Campaigners
later pressured government authorities and the court to
recover the tax dues. Now an international tribunal has
ruled in Ncell's favour as tax authorities didn't defend
the case, by Prithvi Man Shrestha (kp 26/12/2019)
DRI
files cases to recover Rs 118.11 million in taxes, fine
(rep 25/12/2019)
After
LTO, NTA tells Ncell to ‘clear all dues’: Telecom
company has to do so by Jan 2, otherwise it risks losing
frequency blocks it won in recent spectrum auction,
by Sujan Dhungana (kp 24/12/2019), Supreme
Court refuses to register petition demanding a review of
its verdict on Ncell tax: A full verdict of the court
last month had fixed outstanding tax dues of the telecom
company at Rs21.1 billion against tax authority’s claim
of Rs39.06 billion, by Prithvi Man Shrestha (kp
25/12/2019)
LTO
starts consultation with MoF to chart future course
(ht 21/12/2019)
Fake
bill scam: DRI seeks Rs 1.95bn from Varun Beverages
(ht 20/12/2019), Varun
Beverages pays Rs1.6 billion bail to prevent arrest of
its officials over tax fraud case: The Department of
Revenue Investigation had on Tuesday filed a case
against seven current and former officials of the
company for evading tax worth Rs649.6 million by
producing fake VAT bills, by Prithvi Man Shrestha
(kp 21/12/2019) [This must not
prevent them from being punished by a law court!]
Govt
told not to collect CGT from Ncell: A US-based
international court issues interim order, by Rupak
D. Sharma (ht 20/12/2019), Confusion
reigns over Ncell’s tax liability after international
tribunal’s provisional order: International arbitration
body’s ruling that Ncell does not need to pay any
capital gains tax contradicts a ruling by Nepal’s
Supreme Court, by Prithvi Man Shrtestha (kp
23/12/2019), Ncell
gets 15-day ultimatum to pay CGT: ICSID’s interim order
to be discussed with govt: LTO by Sujan Dhungana (ht
23/12/2019)
Revenue
collection growth rate plunges amid reduced imports:
Experts say that a heavy slump in average growth rate in
revenue should be a cause for concern as it may lead to
the government failing to finance development projects,
by Prithvi Man Shrestha (kp 09/12/2019)
Ncell
asked to pay Rs 22.44bn by Dec 19 (ht 09/12/2019)
DRI
files cases against 50 tax evaders (rep 03/12/2019)
Simplifying
tax regime; The goal of an ideal tax regime is not to
create an extractive system but to increase the yield
from economic activities while running the state
efficiently, by Biswo Poudel (rep 02/12/2019)
‘Bring
homestay service under income tax net’ (ht
27/11/2019)
Supreme
Court says Ncell’s tax liability stands at Rs 21.10
billion: The tax authorities had initially determined a
liability of Rs39.06 billion (kp 22/11/2019)
LTO
recognises NT as highest taxpayer, Ncell not even in the
race (ht 21/11/2019)
DRI
sues three firms for using fake VAT bills to evade taxes
(rep 19/11/2019)
Govt
felicitates highest taxpayers, by Umesh Poudel (ht
18/11/2019), Three-fourth
of taxes will be collected from internal sources: FinMin
(rep 18/11/2019)
IRD’s
revenue collection target unmet (ht 17/11/2019)
Revenue
Investigation Department files cases on multi-billion
rupee tax evasion scam: More than 900 firms are under
investigation for purchasing fake VAT bills, by
Prithvi Man Shrestha (kp 16/11/2019)
Tariffs
on half a dozen goods revised again after Q1 (rep
14/11/2019)
Medical
colleges charged extra fees of nearly Rs3 billion in
three years, a new report says: As some colleges
received fees without providing bills, there has also
been tax evasion, by Prithvi Man Shrestha (kp
11/11/2019)
Govt
raises customs duty on gold, silver: Decision will hit
our businesses hard, say jewellers, by Sujan
Dhungana (ht 11/11/2019), Gold
imports grind to a halt as buyers flee high prices: The
yellow metal traded at Rs71,200 per tola in the local
bullion market on Tuesday, by Krishana Prasain (kp
13/11/209)
Truckers’
syndicate against mandatory VAT, by Rekha Bhusal
(rep 04/11/2019) [?????]
Birgunj
customs falls 32% short of revenue target, by Ritesh
Tripathi (rep 31/10/2019)
After
a massive revenue shortfall, officials find the culprit:
overambitious target: Although a decline in imports
contributed to the shortfall, experts have also raised
questions about poor collections from domestic economic
activities, by Prithvi Man Shrestha (kp 24/10/2019)
Tax
authorities say defaulters’ bank accounts will remain
frozen: Despite adopting measures last year, many are
yet to clear their dues, by Prithvi Man Shrestha (kp
22/09/2019)
Government
revenues take a hit as imports decrease: Traders cite
weak demand and high import duties for the decline,
by Prahlad Rijal (kp 21/09/2019)
Govt
to auction imported vehicles parked at Birgunj
customs office: Automobile importers yet to collect over
350 vehicles, by Umesh Poudel (ht 20/09/2019)
CFUGs
launch protests against overlapping taxes (rep
17/09/2019)
Revenue
Investigation Department readies case against fake VAT
bill purchasers: There have been deals of such bills
amounting to Rs10 billion, in one of the largest revenue
evasion scams, by Prithvi Man Shrestha (kp
14/09/2019)
MoFA
lobbying for full exemption of tax on 'foreign
allowance', by Sunil Sapkota (rep 12/09/2019)
Govt
says rumours being spread about tax system (ht
06/09/2019)
The
Bogeyman Of Inheritance Tax, by Uttam Maharjan (rn
05/09/2019)
Govt
mulls introducing inheritance tax, by GP Bhandari
(rep 31/08/2019), Plan
to introduce inheritance tax draws mixed reaction
(rep 01/09/2019)
Supreme
court gives respite to Ncell in capital gains tax case:
Supreme Court says the mobile company’s tax liability
does not stand at Rs39 billion, by Prithvi Man
Shrestha (kp 27/08/2019), SC
rules in Ncell’s favour: The telecom’s dues now is Rs
22bn as it has already paid Rs 23 bn , by Ram Kumar
Kamat (ht 27/08/2019), Lawmakers
concerned about SC’s Ncell verdict (ht 31/08/2019)
Service
seekers troop to collect PPAN, over 40,000 receive cards,
by Arjun Oli (rep 24/08/2019)
Permanent
account number rule to come into force despite calls for
deferral: The private sector said implementation should
be postponed because of practical difficulties, by
Rajesh Khanal (kp 19/08/2019), PAN
not necessary for daily wage up to Rs 2,000 (ht
21/08/2019)
Pathao
seeks review on tax liability, Tootle stays passive:
Officials say tax would be recovered from Tootle as any
other tax dues, by Prithvi Man Shrestha (kp
07/08/2019)
Court
orders Gorkha Brewery to clear Rs 871.4m in a week: In
June, the brewery lodged a petition expressing
dissatisfaction over the tax determined by the Inland
Revenue Office, by Samuel Chhetri (kp 01/08/2019)
Row
related to CGT in share transaction resolved (ht
01/08/2019)
Over
6,100 firms join VCTS, by Muna Sunuwar (rep
30/07/2019)
Builders
complain about tax authority freezing their bank
accounts: Those having tax liability face action such as
export-import ban and travel restriction, by Prithvi
Man Shrestha (kp 29/07/2019)
Things
to know about PAN, by Muna Sunuwar (rep 28/07/2019)
Complexity
of computing capital gains hinders implementation of new
rule: Share investors, brokers and even the regulatory
authority have no idea how to implement the government's
new policy, by Rajesh Khanal (kp 23/07/2019)
Revenue
collection target missed by Rs 25bn (ht 18/07/2019)
Govt
enforces online consignment tracking system: Private
sector leaders skeptical about effective implementation
(rep 18/07/2019)
Revenue
Investigation Department identifies new group involved
in faking and selling VAT bills: Investigations show
fake VAT bills worth over Rs8 billion were sold to more
than 600 firms, by Prithvi Man Shrestha (kp
13/07/2019)
Whose
book is it anyway? India and Nepal have finally agreed
on something: the decision to charge an import tax on
imported books, by Amish Raj Mulmi (kp 12/07/2019)
Govt
decision to impose 90% tax on community forests draws
flak (rep 09/07/2019)
PAN
mandatory for all income earners from mid-July, by
Muna Sunuwar (rep 02/07/2019)
Tax
office freezes bank accounts of over 5,000
taxpayers—firms and individuals: Officials say some of
them have been barred from travelling abroad, by
Prithvi Man Shrestha (kp 01/07/2019)
Supreme
Court clears the deck for tax authority to recover
unpaid taxes from Sumargi: Inland Revenue Department
says Sumargi sold his stake in Nepal Satellite Telecom
for Rs5.63 billion to Cyprus-based Airbell Service, but
failed to pay capital gains tax, by Prithvi Man
Shrestha (kp 24/06/2019)
Customs
duty on books adds to students’ financial burden while
killing reading culture: While publishers and book
enthusiasts say the customs duty is unnecessary,
others say it could benefit the Nepali publishing
industry, by Diya Rijal and Bhrikuti Rai (kp
22/06/2019)
In
latest fake VAT bill scandal, revenue department charges
15 individuals: Suspects are accused of evading Rs 2.9b
in taxes, by Prithvi Man Shrestha (kp 22/06/2019)
'Tax
waiver for startup' scheme ambiguous, by Nikeeta
Gautam (rep 19/06/2019)
Revenue
Investigation Department files tax evasion cases against
238 persons: Department seeks Rs18.32 billion in fines
and up to three years’ imprisonment, by Rajesh
Khanal (kp 18/06/2019)
New
tax rule to fine customers who do not receive VAT bill
while buying goods, by Rajesh Khanal (kp 17/06/2019)
Rasuwagadhi
customs collected Rs 10b in 11 months (rep
17/06/2019)
VAT
refund privilege scrapped for commercial users of
cooking gas, diesel: Currently, factories and hotels
receive up to 40 percent of the value added tax amount
as tax refund, by Rajesh Khanal (kp 13/06/2019)
Govt
mulls higher import duty on luxury goods (ht
13/06/2019)
Value
added tax shoots prices of essentials: Rice, pulses,
sugar and flour have become dearer after the budget,
by Rajesh Khanal (kp 10/06/2019)
Government
amends VAT rule to improve compliance (rep
04/06/2019)
Consumers,
suppliers to share VAT burden, by Sujan Dhungana (ht
03/06/2019)
Government
revises tax structure and changes income tax slab for
salary earners: To encourage transactions under the VAT
regime, finance minister announces a 10 percent
return if payments are made digitally or through bank
cards, by Rajesh Khanal (kp 30/05/2019)
Poor
revenue collection puts government in tight spot: The
Economic Survey shows the government is under pressure
to manage resources in relation to the expanding
government expenditure, by Rajesh Khanal (kp
28/05/2019)
Govt
plans to raise CGT on share transactions from next
fiscal year, by Umesh Poudel (ht 27/05/2019)
‘Tax
hike on tobacco products will bring down patients of
cancer, heart diseases’ (ht 25/05/2019)
10pc
gap on import tax for raw materials, finished goods
(ht 25/05/2019)
Sirsiya
Dry Port misses revenue target: The customs office is
struggling to meet the target due to decline in trade,
especially iron and sugar imports, by Shankar
Acharya (kp 24/05/2019)
Arbitration
request filed against Nepal over Ncell tax row: World
body: The registration paves the way for the formation
of tribunal, by Prithvi Man Shrestha (kp
23/05/2019), Axiata’s
request for int’l arbitration registered: Formal process
begins but lawyers say parties may also choose amicable
settlement (rep 23/05/2019)
Ajeya
Raj Sumargi has refused to pay capital gains dues, tax
office says: The dues are related to a seven-year-old
deal in which TeliaSonera bought 75 percent shares from
Sumargi’s Nepal Satellite Telecom, by Prahlad Rijal
(kp 21/05/2019)
No
changes in liabilities of Tootle and Pathao in final tax
assessments: Officials say the government has to recover
dues because VAT is applicable to their business,
by Prithvi Man Shrestha (kp 09/05/2019)
Ncell
tax issue prolongs as court upholds order not to collect
dues, by Prithvi Man Shrestha (kp 08/05/2019)
MoF
under
pressure to achieve revenue target: Government’s
policies to tighten import also to be blamed for tepid
collection, say officials (ht 02/05/2019)
Legal
experts
doubt success of Ncell and Axiata’s international
arbitration move: They say Nepal-UK investment treaty
does not allow international arbitration on
taxation, by Prithvi Man Shrestha (kp 01/05/2019)
Fake
VAT
bill scam, which is under probe, estimated to be worth
over Rs 7 billion: Failure to take timely measures and
non-implementation of laws encouraged fraudsters
to continue practice, experts and officials say, by
Prithvi Man Shrestha (kp 29/04/2019)
Finance
Minister hints at expanding tax base, by Rajesh
Khanal (kp 24/04/2019)
Ncell
challenges
tax determined by authority at Supreme Court: Mobile
company says tax liability from capital gains stands at
Rs 14 billion—not Rs 39 billion, by Prithvi Man
Shrestha (kp 23/04/2019), Court
tells
authorities not to ask Ncell to pay dues for now: The
order comes days after Large Taxpayers Office determined
tax for mobile firm at Rs 39.06 billion, by
Tika R Pradhan (kp 26/04/2019)
Time
to
consider an inheritance tax: People are free to earn and
spend, but for opulence and activities that hinder
productivity, the state can push measures, by Sukeev
Shakya (kp 23/04/2019)
Pashmina
export revenues falling despite government incentives,
by Rajesh Khanal(kp 20/04/2019)
IRD
asks Tootle to pay Rs 33.9 million tax, by Umesh
Poudel (ht 18/04/2019), VAT
for Pathao set at Rs3 million: The move comes a
week after similar action was taken against Tootle,
by Prithvi Man Shrestha (kp 22/04/2019)
Tax
office
says Ncell dues will make up for around half of the
revenue target shortfall: The mobile firm, authorities
say, has not responded to the seven-day deadline to pay
capital gains tax, by Prithvi Man Shrestha (kp
18/04/2019), The
judges have spoken: The future course of action depends
on how Axiata reacts to the court order, by Narayan
Manandhar (kp 18/04/2019), As
Ncell
mulls tax decision, experts say it has no option but to
pay its dues: Ncell could, however, seek a review on the
amount or file a dispute with an international body,
officials say, by Prithvi Man Shrestha (22/04/2019)
Tax
authorities
give Ncell seven days to pay Rs 39 billion in dues: The
total capital gains tax for private telecom company
Ncell and its parent company Axiata has been set at Rs
62.63 billion, by Rajesh Khanal (kp 17/04/2019)
Govt
working towards dynamic taxation system, says Khatiwada
(ht 16/04/2019)
Govt
gets three months to recover tax from Ncell, Axiata,
by Sujan Dhungana (ht 10/04/2019), Supreme
Court
sets three-month deadline for Ncell, Axiata to clear
dues: The mobile company has been barred from
repatriating profit and distributing dividend until it
pays capital gains tax, by Tika R Pradhan (kp
10/04/2019)
Issue
bills, not ‘challans’: Taxman to Fire And Ice: VAT spat:
Unrepentant even after being penalised (ht
01/04/2019)
Tax
department takes step to find fake VAT bill purchasers,
by Prithvi Man Shrestha (kp 28/03/2019)
Businesses
fleecing
consumers: Sellers, restaurateurs in capital illegally
adding value added tax to retail, menu prices of
products, food items, by Sujan Dhungana (ht
27/03/2019)
More
businesses
and firms found involved in fake VAT bill scam: Tax
evasion racket burdens a government that is struggling
to meet its revenue target, by Prithvi Man Shrestha
(kp 25/03/2019)
Drawing
parallels: The Ncell case is reminiscent of the Vodafone
scam in India, by Narayan Manandhar (kp 11/03/2019)
Case
filed
against firms issuing fake VAT bills: Despite earlier
scandal, racketeers continue to issue counterfeit bills
evading billions of rupees in taxes, by Prithvi Man
Shrestha (kp 06/03/2019)
Revenue
body takes on big cases after coming under PM’s office,
by Prithvi Man Shrestha (kp 02/03/2019)
Taxation
and
misconception: Conflict on concurrent powers on revenue
generation might remain. Government should harmonize
taxes in different tiers and across horizontal units,
by Dila Datt Pant and Shailendra Uprety (rep 26/02/2019)
Revenue
collection
at Birgunj Customs hit due to protests: Only Rs7.58
billion has been collected so far out of a target of
Rs13.72 billion, by Shankar Acharya (kp 09/02/2019)
Top
court orders Ncell and Axiata to pay capital gains tax:
Order paves the way for government to recover billions,
by Prithvi Man Shrestha (kp 07/02/2019), Supreme
Court weighs in on Ncell tax dispute, by Sharad Ojha
(nt 08/02/2019), Ncell,
Axiata need to pay Rs75 billion in capital gains tax:
Liability of two companies is related to 2016
purchase deal, by Prithvi Man Shrestha (kp
11/02/2019), Tax
authority sets Rs 87 billion in capital gains tax on
Ncell deal, by Prithvi Man Shrestha (kp 11/02/2019),
House
panel asks govt to collect CGT from Ncell at the
earliest (ht 11/02/2019)
Tax
exploitation
in Nepal: High taxation policy pursued by Nepal has
worked as a powerful drag on the economy by hurting
private sector incentive and discouraging foreign
investment, by Sukhdev Shah (rep 06/02/2019)
Rasuwagadhi
revenue crosses Rs 15b post-quake, by Himnath
Devkota (rep 27/01/2019)
Misleading
figures:
The Finance Ministry must make a public statement as to
how erroneous figures on revenue collection came to the
fore (ht 22/01/2019), Why
is government hiding revenue information for two weeks?
An estimated Rs 100 billion was duplicated in the
account (rep 31/01/2019)
Revenues
from
exports of designated products up 7pc: According to
TEPC, the country earned Rs15.76 billion from exports of
nine NTIS products between mid-July and mid-December,
by Rajesh Khanal (kp 09/01/2019)
Legal
contradictions put local levels in a fix (ht
07/01/2019)
Bill
to scrap controversial Tax Settlement Act, by
Prithvi Man Shrestha (kp 25/12/2018)
DoT
collects Rs 460 million revenue in four months (rep
16/12/2018), Tourism
dept collects Rs 451m revenue in first 4 months of
FY18/19 (rep 23/12/2018)
Locals
of Nagarkot protest against local units for double
taxation on tourists, by Krishna KC (rep 15/11/2018)
Ministry
for
repealing tax settlement Act: Move follows
controversy over exemption of taxes totalling Rs21
billion granted by the Tax Settlement Commission: Move
follows controversy over exemption of taxes
totalling Rs21 billion granted by the Tax Settlement
Commission, by Prithvi Man Shrestha (kp 28/10/2018)
Tax
beyond people's capacity at local levels: Study Report
(rep 26/10/2018)
Traders
ignore IRD’s directive (ht 26/10/2018)
Rasuwagadhi
customs mobilizes Rs 2.32 billion in revenue in Q1,
by Himnath Devkota (rep 25/10/2018)
Revenue
growth of 41.7pc seen in Q1 (ht 24/10/2018)
Customs
revenue jumps on soaring Dashain imports, by Balram
Ghimire (kp 17/10/2018)
Import
financing, revenue positively correlated (ht
15/10/2018)
In
Dang, Double taxation continues unabated, by
Devendra Basnet (rep 25/09/2018)
Revenue
probe comes under PM’s office (kp 25/09/2018)
Govt
forms committee to sign tax treaty with various
countries, by Sagar Ghimire (rep 23/09/2018)
Panel
submits
report to FinMin: Three major aspects on dispute of tax
enforcement by the local and provincial
governments highlighted (ht 21/09/2018)
Rasuwagadhi
Customs Point misses revenue targets, by Himnath
Devkota (rep 19/09/2018)
Revenue
collection surges 36.7 per cent (ht
19/09/2018)
Medium
level taxpayers’ office established (ht 18/09/2018)
Tax
row due to ‘increased rates’: Probe member says most
local units have not imposed taxes besides those
authorised by the laws, by Prithvi Man Shrestha (kp
16/09/2018)
Review
Flawed Property Tax, by Hira Bahadur Thapa (rn
02/09/2018)
Kathmandu,
local
level spar over wealth tax: Municipal Association of
Nepal says the Finance Act for this fiscal year will hit
their revenue collection; The federal government claims
tax on house and the area covered by it, asking local
level to collect land tax elsewhere, by Prithvi Man
Shrestha (kp 02/09/2018)
Even
poor farmers, vendors forced to pay taxes, by Bishan
Chettri (rep 01/09/2018)
Traders
in humla Want tax office in district, by Jaya
Bahadur Rokaya (kp 31/08/2018)
Government
panel begins study on tax dispute (ht 31/08/2018)
Government
defends taxes (kp 29/08/2018)
Land
revenue data goes digital: Asian Development Bank
supports 14 of 29 Land Revenue Offices (kp
28/08/2018)
Govt
collects Rs 62.97 billion in revenue in the 1st month of
FY2018/19: Finance ministry officials term collection
encouraging (rep 28/08/2018)
DoT
sees revenues rise by 26% (rep 27/08/2018)
Revenue
collection hit (kp 24/08/2018)
Smuggling
of peppers thrive after betel nuts, by Parbat Portel
(kp 23/08/2018)
'Local
taxes are not the consequence of federalism', by
Mahabir Paudyal and Rudra Pangeni (rep 22/08/2018) [No, the current tax chaos is a
consequence of the total inactivity of the government
with regard to a legal regulation of the federal state!
Such a regulation should have been introduced for all
three levels of the new system before the local
elections!]
Fruits
and vegetables trade still out of tax net (rep
22/08/2018)
Water
suppliers warn of service closure (kp 21/08/2018)
[Because of local taxes]
Local
government imposes Rs 50 per kg ‘export tax’ on apples,
by LP Devkota (kp 20/08/2018) [Those
responsible should be brought to justice!]
Federal
Tax Regime Under Attack, by Ritu Raj Subedi (rn
18/08/2018)
Khatiwada
says current tax system is more just (kp 18/08/2018)
Himalayan
Cargo
operator ‘evaded tax’: Department of Revenue
Investigation seeks three-year jail, Rs 2.72 billion in
penalty for husband-and-wife team, by Sujan Dhungana
(ht 18/08/2018)
Public
vents ire against tax hikes, by Prashasthy Karki
(rep 17/08/2018)
Gaushala
revises controversial tax rates following public uproar
(kp 16/08/2018)
Rising
Taxes: A Pain In The Neck, by Narayan Upadhyay (rn
15/08/2018), Trials
and tribulations: Nepalis have become disheartened
because of arbitrary taxation (kp 16/08/2018), No
taxation without service delivery (rep 16/08/2018)
New
taxes galore: Local units are on a tax collection spree
prompting the federal government to step in, by
Binay Kumar Mishra (kp 13/08/2018), ‘People
are paying taxes for chickens and ducks’, by Binod
Ghimire (kp 14/08/2018)
Metros
trim house rent tax by 2pc: Kathmandu Metropolis expects
to collect Rs 2 billion in tax revenue (kp
10/08/2018)
Ilam
Municipality imposes 50 paisa tax on petroleum products
(rep 01/08/2018)
Provinces
refuse to pullback taxes (kp 31/07/2018)
Birgunj
traders
take to streets against tax hike: Industrialists claim
that the decision to hike tax rates was made hastily
without getting input from them and would cause economic
mayhem, by Shankar Acharya and Bhusan Yadav (kp
30/07/2018)
Achieving
VAT
target: New budget’s revenue target of VAT hinges on how
effectively Inland Revenue Department controls evasion
up to retail sales, by Naryan Silwal (rep
26/07/2018)
Income
tax
sees shortfall of 7.33% against target: Experts say slow
growth in income tax indicates deteriorating health of
the economy (rep 25/07/2018)
Provinces
and Centre in tax row: Federal government says District
Export Tax unconstitutional, by Prithvi Man Shrestha
(kp 24/07/2018)
DRI
seeks
Rs990m bail from tax evaders: Customs agent Nawaraj
Upadhyaya at Bhairahawa customs office and his son were
arrested on the charge of helping an individual evade
tax worth Rs 180 million (kp 22/07/2018)
Bhairahawa
Customs misses revenue target, by Madhav Dhungana
(kp 21/07/2018)
Rasuwa
Customs beats revenue collection target, by Balram
Ghimire (kp 20/07/2018)
Think
outside the box: With a benign tax system, Nepal will
emerge as an attractive investment destination, by
Madhukar SJB Rana and Atul K. Thakur (kp 18/07/2018)
Birgunj
customs mobilizes Rs 161 billion in revenue: Achieves
only 98 percent of revenue target set by government,
by Ritesh Tripathi (rep 18/07/2018)
ICP
and Dry Port collect revenue worth Rs158 billion, by
Shankar Acharya (kp 18/07/2018)
Mandatory
VAT puts small enterprises like beauty parlors and
tailors at risk (rep 16/07/2018)
Birgunj
meets revenue target in 10 months, by Shankar
Acharya (kp 10/07/2018)
VAT
rebate cancellation worries textile makers (ht
10/07/2018)
Decision
to upgrade Satti small customs into main customs elates
locals, by Yogesh Rawal (rep 08/07/2018)
CGT
calculation row: Govt taskforce yet to come up with
recommendation (rep 28/06/2018)
Taxman
to apply VAT regardless of turnover (kp 22/06/2018)
Budget
fails to usher reforms in tax system (ht 21/06/2019)
VAT
registered taxpayers in LTO connected to IRD’s central
server (ht 21/06/2018)
VAT
vs GST: India adopted goods and service tax, but that
does not mean Nepal has to follow suit, by Deepak
Sharma (kp 20/06/2018)
Brick
factories in Dhading openly evading tax, by Harihar
Singh Rathore (kp 18/06/2018)
CGT
concerns weigh on investors’ sentiment (ht
17/06/2018)
Rasuwa
Customs exceeds revenue collection target, by Balram
Ghimire (kp 16/06/2018)
FinMin
for tax system revisit (ht 12/06/2018)
Scrapping
of integrated property tax leaves local units in
confusion, by Rohit Rai (rep 11/06/2018)
Govt
rolls back decision to hike CGT threshold: NEPSE jumps
13.91 points following the move (kp 07/06/2018), Share
trading resumes: Revision of CGT calculation method
suspended for two weeks (ht 07/06/2018)
VAT
on brokerage service charge scrapped (rep
01/06/2018)
Citizens
to pay more tax on luxury goods, by Rajesh Khanal
(kp 30/05/2018), New
income tax slab introduced: Excise duty raised on
tobacco, liquor and automobile, by Sujan Dhungana
(ht 30/05/2018), Lower
taxes for low- and middle-income earners, by Sagar
Ghimirea (rep (30/05/2018), High
taxes will deter investors: Congress (kp 31/05/2018)
VAT
rebate on mobile phone imports not benefiting consumers
(ht 29/05/2018)
Budget
to change tax rates massively (ht 27/05/2018)
Taxman
targets
payment from foreign missions: The IRD said the move was
designed to widen the tax net and thereby increase
government revenue (kp 26/05/2018)
Import
duty on rice may be hiked to 15pc (ht 16/05/2018)
SC
show cause over customs duty on sugar (kp
15/05/2018), SC
stays govt’s decision to raise import duty on sugar
(ht 15/05/2018), Finance
ministry files petition at Supreme Court to vacate stay
order (ht 18/05/2018), SC
upholds govt decision (kp 05/06/2018)
No
improvement in customs revenue collection, by Rudra
Pangeni (rep 04/05/2018)
MoH
recommends hiking excise duty on tobacco products
(ht 01/05/2018)
Taxmen
clamp down on fake excise duty stickers, by Shanker
Acharya (kp 27/04/2018)
Officials
worry over drop in customs revenue from RMG, tobacco,
by Rudra Pangeni (kp 25/04/2018)
Evaluating
VAT:
Unwanted exemptions and unnecessary revision have been
made in VAT Act to overcome internal weakness. This
needs to be corrected, by Narayan Silwal (rep
24/04/2018)
Public
transport operators not yet in tax net: Registration as
companies is expected to widen net (rep 19/04/2018)
Mahakali
Custom Office sees revenue fall, by Bira Gadal (rep
19/04/2018)
OAG
concerned about unpaid VAT worth Rs166m (kp
17/04/2018)
Revenue
exemption:
Reviewing areas of revenue exemption will certainly give
the government a better picture of the impact the
facility has made (ht 11/04/2018)
MoF
to review revenue exemption facility (ht 10/04/2018)
Tax
officials raid Tiger Palace Casino Resort (kp
09/04/2018)
Govt
issues property tax management procedure (ht
08/04/2018)
DRI
loses additional authority delegated by former finance
ministers, by Rudra Pangeni (rep 05/04/2018)
Tax-related
verdicts may be scrutinized: Law Minister Tamang; ‘This
will not undermine judicial independence’, by
Sangeet Sangroula (rep 04/04/2018)
Taxmen
crack down on fake excise stickers (kp 31/03/2018)
Tax
collection jurisdiction of local govts clarified (ht
27/03/2018)
SEBON,
FinMin in talks to cut taxes on shares (kp
23/03/2018)
Ex-king
evades Rs 38 million tax: Municipality official, by
Yuwaraj Biwas (rep 20/03/2018)
Importers
hesitant to clear goods at customs as govt tightens
valuation, by Ritesh Tripathi (rep 15/03/2018)
Online
management system installed at 11 customs points (kp
12/03/2018)
Pay
royalty
or face rap, regulator tells casinos: Casino Royale,
Casino Rad and eight others owe Tourism Department
millions in royalties (kp 11/03/2018)
Govt
serves ultimatum on tax-defaulting casinos, by
Sangam Prasain (kp 06/03/2018)
New
FinMin instructs DoC to mitigate revenue risks (ht
02/03/2018)
Taxes
can be paid electronically soon (kp 01/03/2018)
Govt
revenue collection jumps 20.5 percent (kp
23/02/2018)
Govt
apathy affects VAT collection (ht 01/02/2018)
Pashupatinagar
customs office: Border checkpoint sees revenue dry up,
by Biplav Bhattarai (kp 29/01/2018)
Bhairahawa
Customs misses H1 revenue target, by Rekha Bhusal
(rep 29/01/2018)
Stakeholders
seek improvement in customs administration (ht
27/01/2018)
Reduce
customs tariff on intermediate goods: Pvt sector (ht
26/01/2018)
Revenue
collection under major tax headings in H1 below target
(ht 25/01/2018)
Revenue
collection by Biratnagar customs coming back on track,
by Ajit Tiwari (rep 18/01/2018)
Govt
close to achieving H1 revenue targets (rep
15/01/2018)
Capital
gains tax: LTO serves notice to former Ncell owner
(kp 04/01/2018)
Cash
shrinks to Rs 114 billion in government vault (rep
02/01/2018)
MoF
unable to meet revenue target (ht 25/12/2017)
Govt
revenue growth likely to fall to 3.7pc next year (kp
20/12/2017)
Brokers
willing to pay VAT if old dues waived (kp
20/12/2017)
VAT
collection row in share transaction surfaces again
(ht 15/12/2017)
Revenue
from land and house registration tax increases (ht
11/12/2017)
Beer
producers asked to paste excise duty sticker on bottles
(ht 04/12/2017)
Weak
VAT realisation hits revenue collection: The below par
performance under VAT alone is Rs 1.81 billion (ht
01/12/2017)
Govt
mulls slashing corporate tax to attract investment
(ht 23/11/2017)
IRD
fetes country’s largest taxpayers (kp 18/11/2017)
Taxman
to track sales at outlets in real time (kp
17/11/2017)
Well-known
firms on tax defaulters’ list (kp 16/11/2017)
Q1
revenue collection up 24pc year-on-year (kp
28/10/2017), IRD
manages to meet revenue collection target in third month
(ht 28/10/2017)
Inland
Revenue ups monitoring, 615 stores booked (kp
17/10/2017)
Sale
of NCELL shares: SC seeks details on cap gains on sale
of shares, by Bibek Subedi (kp 10/10/2017)
‘Tax
administration needs to worry about increasing credit
filers' (ht 10/10/2017)
Govt
imposes VAT on tractor imports, by Binod Bhandari
(kp 09/10/2017)
90.47pc
of revenue target met (ht 08/10/2017)
Nepal’s
revenue-to-GDP ratio highest among SAsian countries
(ht 05/10/2017)
IRD
slightly misses revenue collection target (ht
27/09/2017), IRD
misses revenue target in first 2 mths (kp
28/09/2017)
Tax
evasion: Packaged food imports to be strictly monitored
(kp 23/09/2017)
Taxman
to link its system with billing machines of retailers
(kp 18/09/2017)
Revenue
mobilization below target in first two months of 2017/18
(rep 18/09/2017)
Govt
faces
revenue shortfall of Rs 5.67bn: Customs tariff
collection declined compared to last year despite
increase in trade volume (ht 15/09/2017)
‘Adjustment
in customs tariff must to control under-invoicing’
(ht 14/09/2017)
IRD
unveils 21-point Kathmandu Declaration: Aims to settle
80pc of arrears within current fiscal year (ht
08/09/2017)
Customs
offices in Tarai resume operations (ht 16/08/2017)
Truckers
upset
by multiple taxation: A dispute arose in the district
after local bodies declared their right to tax the
export of sand and aggregates extracted from various
rivers in Dhading, by Harihar Singh Rathore (kp
08/08/2017)
Revenue
collection from vehicle tax surged 47 per cent last
fiscal (ht 02/08/2017)
Private
sector tried to prolong life of controversial tax
settlement body, by Rudra Pangeni (rep 01/08/2017)
Tax
Settlement Commission followed no clear guidelines
(rep 28/07/2017)
Excise
duty stickers: New machine readable tags launched,
by Rajesh Khanal (kp 26/07/2017)
Revenue
Tribunal settles 69pc of pending cases (kp
25/07/2017)
Bhaktapur’s
tourism revenue up two fold (kp 24/07/2017)
Tax
exemption scam: SC orders submission of docs related to
TSC members (kp 24/07/2017), Tax
disputes of over 30 firms settled by sidelining Revenue
Tribunal (rep 24/07/2017)
Govt
estimates multiplied revenue rise at local level, by
Prithvi Man Shrestha (kp 23/07/2017)
"Tax
Settlement Commission itself was against law",
interview with Sukadev Bhattarai Khatri (rep 23/07/2017)
TIA
customs system digitalised (ht 21/07/2017)
KMC’s
vehicle tax revision upsets NCC (kp 20/07/2017)
Revenue
collection up 27 pc (kp 19/07/2017), Exponential
import growth backs revenue collection (ht
19/07/2017), Tax
revenue growth jumps by impressive 31 percent (rep
19/07/2017)
House
panel
tells govt to repeal TSC Act, by Rajesh Khanal (kp
18/07/2017)
Permanent
tax settlement commission in offing, by Sabin Mishra
(ht 18/07/2017)
Liquor
companies, breweries given highest tax exemption, by
Prithvi Man Shrestha (kp 18/07/2017)
House
panel
to govt: Recover taxes from Ncell immediately, by
Bibek Subedi (kp 14/07/2017)
Central
bank
bars Axiata from repatriating dividend, by Pushpa
Raj Acharya (ht 11/07/2017)
Collection
of
15 taxes, fees proposed for local bodies, by Rupak
D. Sharma (kp 06/07/2017)
Taxing
thoughts:
Our officials should start learning about opportunities
that India’s General Services Tax can create for Nepal,
by Sujeev Shakya (kp 04/07/2017)
LTO
determines
Rs60.71b as capital gains tax, by Sanjeev Giri (kp
28/06/2017)
Revenue
from
land transactions soars (kp 24/06/2017)
Plug
the
loophole: Govt should remove controversial provision
from the Tax Settlement Commission Act (kp
20/06/2017)
Govt
collects Rs 37 billion revenue from petroleum products,
by Dilip Poudel (rep 20/06/2017)
KMC’s
tax
collection surpasses target (ht 17/06/2017)
House
panel
tells govt to amend ITSC Act: ITSC officials had been
given carte blanche to grant tax reductions to large
companies (kp 16/06/2017)
Revenue
misappropriation:
CIAA summons TSC chairman, member; Asked to appear
before anti-graft body tomorrow, by Prithvi Man
Shrestha (kp 13/06/2017)
Ncell
deposits
Rs13.6 b in due capital gains tax, by Sanjeev Giri
(kp 05/06/2017), Telia
served
15-day notice to assess Ncell tax, by Sanjeev Giri
(kp 07/06/2017), Telia
says
it has no tax liability on Ncell deal, by Sanjeev
Giri (kp 09/06/2017)
Tax
rates remain unchanged (rep 30/05/2017)
Revenue
collection up by 20 percent (rep 24/05/2017)
Govt’s
revenue
collection jumps over 40 percent (kp 18/05/2017)
Vehicle
tax
collections jump 72 percent in Q3 (kp 03/05/2017)
House
panel
investigates Rs21b tax exemption case (kp
28/04/2017)
The
shells
of Ncell: There is rumination about whether
TeliaSonera’s transaction is an act of outright tax
evasion or outrageous tax planning, by Narayan
Manandhar (kp 23/04/2017), PAC
issues
Ncell directive to MoF: In the biggest corporate buyout
deal in Nepal, Telia, a Swedish telecom giant, sold its
stakes in Ncell to Malaysian company Axiata, for $1.03
billion in 2015 (kp 28/04/2017), Finance
Ministry
fails to report to PAC (kp 02/05/2017)
IRD
collects
Rs 172.17bn in nine months (ht 20/04/2017), Govt
exceed Q3 revenue collection target (rep 20/04/2017)
Revenue
target
met by Birgunj Customs, by Shanker Acharya (kp
16/04/2017)
OAG
flags
increasing trend of revenue exemption (ht
16/04/2017)
Taxmen
defining tablet PCs as mobile sets, refunding VAT: OAG,
by Rudra Pangeni (rep 15/04/2017)
KMC
to
use students to widen tax net (kp 07/04/2017)
VAT
on
some basic commodities to go, by Lila Ballav Ghimire
(kp 27/03/2017)
Capital
gains
tax: Cabinet’s decision to give clean chit to NCELL
criticised, by Bibek Subedi (kp 10/03/2017), How
will
govt recover CGT from TeliaSonera? (ht 10/03/2017),
PAC
summons FinMin, finance secretary (rep 11/03/2017),
BRB:
Govt
committed treason by exempting NCELL capital tax (kp
13/03/2017), PAC
decides
to summon PM, by Sanjeev Giri (kp 17/03/2017), PM
dragged
into Ncell CGT issue, by Sujan Dhungana (ht
17/03/2017), Protesters
call
on PM to collect capital gains tax (kp 22/03/2017),
PAC
summons
Dahal to explain NCELL tax issue, by Sanjeev Giri
(kp 04/04/2017), PM
Dahal
signals recovery of due amount from NCELL, by
Sanjeev Giri (kp 10/04/2017), PAC
to
CIAA: Launch probe into NCELL tax issue, by Sanjeev
Giri (kp 11/04/2017), Auditor
general’s
office questions NCELL deal, by Bibek Subedi (kp
13/04/2017), Finance
Ministry
most indisciplined with Rs 39b arrears, says audit
report, by Rudra Pangeni (rep 13/04/2017), NCELL
capital
gains tax scam; LTO: Full report on matter by mid-May,
by Sanjeev Giri (kp 14/04/2017), Govt
to
miss PAC deadline to collect CGT from NCELL (ht
14/04/2017)
Strikes
hit
customs revenue collection, by Shankar Acharya (kp
09/03/2017)
VAT
shortfall
dents government’s revenue collection performance
(ht 01/03/2017)
Revenue
collection
soars on sizzling realty business, by Sanjeev Giri
(kp 14/02/2017)
Fall
in
auto lending may hit govt revenue, by Sanjeev Giri
(kp 11/02/2017)
Taxman
tightens
screws on Pokhara companies: Big hotels and business
firms have been clearing their dues following
stringent action by Pokhara Sub-Metropolitan City,
by Lal Prasad Sharma (kp 27/01/2017)
Revenue
collection
surpasses target (ht 26/01/2017)
Capital
gains
tax issue: PAC fiat not to issue 4G licence to NCELL,
by Sanjeev Giri (kp 25/01/2017), PAC
wants NCELL barred from going 4G until capital gains tax
cleared, by Rudra Pangeni (rep 25/01/2017)
Tax,
non-tax
receipts up 69 percent in 1st half (kp 25/01/2017)
Govt
considers
waiving VAT on cooking gas (kp 18/01/2017)
NCELL
capital
gains tax issue: PAC to quiz communications minister,
secretary, NTA boss (kp 16/01/2017)
DoC
gearing
up to introduce CRMSAP on Int’l Customs Day (ht
15/01/2017)
Revenue
collection
exceeds target (ht 06/01/2017)
‘Remove
additional
taxes on petroleum products’ (ht 04/01/2017)
Govt
revenue
jumps by 81.5pc in first 4 months (kp 18/12/2016)
KMC
to
take action against Yak & Yeti for not paying tax
(kp 15/12/2016)
Revenue
collection
rises exponentially: Nearly 30 pc of annual target met
in first four months (ht 07/12/2016)
DRI
starts probe against four Biratnagar factories, by
Amar Khadka (rep 01/12/2016)
Stakeholders
urge
improved tax system (ht 23/11/2016)
Birgunj
customs
revenue collection exceeds target: the office collected
revenue of Rs9.63 billion against the target of Rs9.07
billion, by Shankar Acharya (kp 18/11/2016)
Surya
Nepal,
Rana declared country’s largest taxpayers (kp
17/11/2016), National
Tax
Day marked (ht 17/11/2016)
Revenue
collection above target (ht 27/10/2016)
Revenue
collection
exceeds target (ht 27/09/2016)
Revenues
from
handicraft exports slip marginally (kp 15/09/2016)
Customs
tariff
exceeds income tax in first month (ht 01/09/2016)
Auto,
parts
imports highest contributor, by Prahlad Rijal (kp
21/08/2016)
CGT
collection
from land transactions jumps, by Rajesh Khanal (kp
20/08/2016)
10
customs
offices to go online this year (kp 12/08/2016)
IRD
to
launch ‘e-payment’ (kp 07/08/2016)
Rich
district,
poor district: Huge horizontal disparities in revenue
collection pose a challenge to development, by Khim
Lal Devkota (kp 02/08/2016)
Revenue
collection
tops target by Rs7b (kp 20/07/2016)
Bhairahawa
collects
record Rs62b revenue, by Madhav Dhungana and Shankar
Acharya (kp 17/07/2016)
DRI
summons
Kanak Dixit, his wife Shanta (kp 14/07/2016)
Many
firms
vanish without paying taxes, says IRO, by Madhav
Dhungana (kp 14/07/2016)
Majority
of
Tanahu brick kilns breaching govt rule, by Prakash
Baral (kp 14/07/2016)
Govt
able
to reduce revenue shortfall (ht 06/07/2016)
VAT
refund
cut will boost grey market, say traders, by Prahlad
Rijal (kp 08/06/2016)
Customs
revenue
inflows exceed last year’s figure (kp 07/06/2016)
Importers
evading
tax by submitting bogus bills: Importers have been
submitting fake handwritten bills showing lower prices
and payingmuch less customs duty (kp 07/06/2016)
Govt
sets
revenue collection target of Rs 565bn for next fiscal
(ht 06/06/2016)
Revenue
target
surpasses advisory panel’s forecast, by Prithvi Man
Shrestha (kp 03/06/2016)
VAT
rebate
on cell phones only 40pc from next fiscal (ht
31/05/2016)
Income
tax
exemption limit hiked to Rs350k, by Prahlad Rijal
(kp 29/05/2016), Income
tax slab revised, by Pushpa Raj Acharya (ht
29/05/2016)
Revenue
collection
target likely to be met (ht 26/05/2016)
RCC
submits
report to FinMin (ht 24/05/2016)
Income
tax
waiver likely for industries reinvesting profit to up
output, by Sujan Dhungana (rep 20/05/2016)
Govt
misses
revenue collection target (ht 12/05/2016)
KMC
raises
advt tax four times of target (kp 09/05/2016)
Ncell
capital
gains tax issue enters Parliament (kp 07/05/2016), Ncell
files
Rs9.96b in CG tax return: Tax office to verify deposit
amount, by Bibek Subedi (kp 09/05/2016), Ncell
deposits
Rs 9.97 bn in state coffers (ht 09/05/2016), Ncell
deal
is subject to capital gains tax: LTO (kp
11/05/2016), Takeover
and
taxation: Based on the evidence, the final chapter of
the Ncell tax discord is yet to be written, by TC
Ghimire (kp 13/05/2016), PAC
to
probe tax issue in sale of Ncell shares (kp
14/05/2016)
LTO
turns
down Ncell’s request for more time, by Bibek Subedi
(kp 05/05/2016)
More
hotels
come under KMC tax net: HAN had earlier said that there
was no provision to collect tax from hotels as per House
and Land Tax Act of 1962, by Gaurav Thapa (kp
04/05/2016)
Theatres
turn
blind eye on tax liability, by Gaurav Thapa (kp
02/05/2016)
Birgunj
back
in business: Revenue exceeds target in 6 months, by
Bhusan Yadav (kp 28/04/2016)
Naya
Shakti:
Recover tax from TeliaSonera; Ncell’s acquisition by
Malaysia’s Axiata (kp 18/04/2016), TeliaSonera
drops
a hint it won’t pay tax, by Bibek Subedi
(22/04/2016), TeliaSonera
given
till May 7 to pay tax, by Prithvi Man Shrestha (kp
23/04/2016), Former
Ncell
CEO could face prosecution, by Bibek Subedi (kp
25/04/2016)
Mobile
importers
got more VAT refunds than they paid: OAG, by Prithvi
Man Shrestha (kp 14/04/2016)
Land
service
centres to be established (kp 31/03/2016)
Govt
likely
to miss revenue collection target (ht 21/03/2016)
Birgunj
Customs
struggling to meet revenue target, by Shankar
Acharya (kp 11/02/2016)
Customs
revenue
collection beats target (ht 27/02/2016)
Revenue
collection
swells in 6th month (kp 02/02/2016)
Customs
management
to get more efficient: DoC launches fully web-based
ASYCUDAWorld in Mechi Customs Office in pilot phase
(ht 27/01/2016)
Govt
misses
revenue target by Rs 52.27bn (ht 25/01/2016)
Poor
coordination
hits KMC’s revenue target, by Gaurav Thapa (kp
22/01/2016)
Revenue
collection
up despite odds (ht 22/01/2016)
Customs
revenue
collection has increased of late (ht 18/01/2016)
Revenue
collection
up at most customs points in border areas, by Pushpa
Raj Acharya (ht 10/01/2016)
Govt
loses
Rs 50bn revenue in first five months of fiscal (kp
30/12/2015)
Customs
revenue
collection jumps (kp 25/12/2015)
Birgunj
Customs
loses Rs25 billion in revenue (kp 18/12/2015)
Revenue
recovery:
Govt working on ‘back-up plan’ (kp 14/12/2015)
Revenue
jumps
as cargo movement improves, by Mohan Budhyar and Binod
Bhandari (kp 12/12/2015)
Panel,
taxpayers
reach pact to clear Rs9.54 billion dues (kp
10/12/2015)
Birgunj
Customs
meets 1pc of revenue target, by Shankar Acharya (kp
25/11/2015)
Agitation
causes
slump in revenue collection (ht 20/11/2015)
FinMin
vows
to implement reforms in tax system (ht 18/11/2015)
Tarai
turmoil
dents revenue collection (ht 31/10/2015)
Govt
misses
customs revenue collection target by Rs 15.97bn, by
Rupak D. Sharma (ht 15/10/2015)
Revenue
collection
drops 3.64 per cent: Target set for this fiscal less
likely to be met due to Tarai protests (ht 06/10/2015)
Tax
collection
at Birgunj plunges 50pc, by Shankar Acharya (kp
23/09/2015)
Major
revenue
sources under central govt, by Rajesh Khanal (kp
22/09/2015)
Vehicle
imports
largest source of customs revenue, by Rajesh Khanal
(kp 08/09/2015)
Tarai
turmoil
triggers revenue losses: Continuous strikes and bandhs
hurt production, distribution of manufacturing firms
(ht 08/09/2015)
Taxpayers
missing
VAT limit to be deregistered (kp (27/08/2015)
CNP
top
revenue generator (kp 12/08/2015)
KMC
looks
to widen tax net with discount offers, by Gaurav Thapa
(kp 05/08/2015)
VAT
rebate
for sugar mills raised to 90pc, by Pushpa Raj Acharya
(ht 05/08/2015)
Ratna
park
makes Rs 700,000 in first month, by Anup Ojha (kp
05/08/2015)
Registration
revenue
collection soars, by Sujata Awale (ht 01/08/2015)
MoF
rejects
TSC’s proposal to settle VAT scam cases, by Pushpa Raj
Acharya (ht 27/07/2015)
Bhairahawa
Customs
tops revenue target, by Madhav Dhungana (kp
25/07/2015)
Government
hikes
excise duty (ht 15/07/2015), VAT
threshold
expanded, turnover tax introduced, by Pushpa Raj
Acharya (ht 15/07/2015)
Vehicle
tax
doubled (ht 15/07/2015)
Customs
duty
on electric, hybrid vehicles halved, by Suman Bashyal
(kp 15/07/2015)
Government
advised
to form alternative tax settlement body (ht
11/07/2015)
Revenue
collection
falls short by Rs 21.07bn (ht 11/07/2015)
FNCCI
asks
govt to hike VAT threshold to Rs10m (kp 07/07/2015), FNCCI
asks
government not to raise tax rates (ht 07/07/2015)
Reconstruction
tax
up to 2pc advised: Commission suggests 2pc tax on personal
and institutional income and 1pc on interest and dividend
earnings, by Prithvi Man Shrestha (kp 06/07/2015)
Panel
rejects
demands for multiple VAT rates (kp 09/06/2015)
Govt
revises
down revenue forecast (kp 08/06/2015)
Govt
waives
50pc customs duty on import of CGI sheets (ht
07/06/2015)
HLTSRC
proposes
reconstruction tax: Pvt sector pressuring govt not to add
to burden facing businesses, by Pushpa Raj Acharya (ht
05/06/2015)
Revenue
collection
falls due to quake (kp 27/05/2015), Revenue
collection
drops heavily (ht 27/05/2015)
‘Slash
taxes
to revive econ’ (kp 25/05/2015)
Govt
misses
revenue target due to quake, by Prithvi Man Shrestha
(kp 23/05/2015)
Revenue
declines
by 50 per cent in post-earthquake scenario (ht
21/05/2015)
Govt
to
miss revenue target post April 25, by Prithvi Man
Shrestha (kp 08/05/2015)
Government
misses
revenue collection target once again (ht 24/04/2015)
Flaws
in
revenue system exposed: OAG report indicates tax evaders
capitalising on loopholes in law, by Pushpa Raj
Acharya (ht 16/04/2015)
Private
firms,
govt bodies flout KMC tax rules, by Gaurav Thapa (kp
01/04/2015)
Country’s
fiscal
discipline improving (ht 01/04/2015)
Tax
Clearance
Commission inundated with complaints (kp 26/03/2015),
TSC
classifies
cases based on due amount to expedite settlement (ht
28/03/2015)
Revenue
collection
target missed (ht 26/03/2015)
Nepal
could
adopt tax sharing system: Werner (kp 12/03/2015)
Tax,
customs
offices miss revenue targets (kp 01/03/2015)
Govt
exceeds
overall revenue collection target by Rs 686m (ht
24/02/2015)
Government
forms
tax settlement commission (ht 12/02/2015), Commission
formed
to settle tax-related cases, by Rudra Pangeni (rep
12/02/2015)
Govt
misses
collection target under 4 tax heads, by Prithvi Man
Shrestha (kp 09/02/2015)
IRD
misses
revenue collection target (ht 03/01/2015)
Tax
talk:
The government can make good use of either a tax cut or a
raise only if it makes good investments, by Samikshya
Siwakoti (kp 01/02/2015)
Govt
directed
to waive VAT on LPG (kp 28/01/2015)
FM
Mahat
urges web-based, automated customs services (kp
27/01/2015)
26,000
new
firms, individuals in tax net (rep 26/01/2015)
Discount
scheme
attracts firms to participate in tax net (ht
23/01/2015)
Customs
Dept
plans to buy 2 more scanners (kp 22/01/2015)
KMC
to
pursue tax defaulters (kp 12/01/2015), KMC
to
collect tax defaulters’ details (kp 20/01/2015)
HLTRC
to
submit report by mid-April: To urge govt to expand VAT
threshold (ht 09/01/2015)
Revenue
exceeds
target due to soaring imports (kp 05/01/2015)
Individual
Income Tax In SAARC Region, by Rup Khadka (rn
03/01/2015) |