KATHMANDU, April 9: Only six days remain for the government to collect capital gains tax (CGT) from the Ncell share purchase deal, according to a commitment made by the finance secretary and other officials under his ministry on January 15.
KATHMANDU, April 6: All the ministers, ministers of state, planners and few lawmakers will gather at Hyatt Regency Kathmandu on Sunday to learn from Malaysian experience in handling development projects.
KATHMANDU, April 6: Minister for Physical Infrastructure and Transport Ramesh Lekhak has said that he would soon table a proposal in the cabinet meeting to award the Kathmandu Tarai Expressway Project to the Nepal Army (NA).
KATHMANDU, April 4: A one percent fee that was being charged separately for environment services for hydropower project companies lifted by the previous government led by K P Sharma Oli using a cabinet policy decision has been brought back by the current government.
KATHMANDU, April 2: The upcoming election is going to be about twice as costly as that of 17 years ago, even after adjusting for inflation. Government data shows that spending for the parliamentary election in 1999 was Rs 2.75 billion while the estimated spending for the upcoming local election is projected at Rs 20 billion. Adjusting Rs 2.75 billion for an average annual inflation rate of 8 percent over 17 years would result in a figure of around Rs 10 billion.
KATHMANDU, Feb 22: It has been revealed that Time of Day (ToD) meters installed in big industries are not monitored regularly. Similarly, energy consumption data is not downloaded from these meters and analyzed as required by the law.
KATHMANDU, Feb 8: Nepal Electricity Authority (NEA) mobilized Rs 18.28 billion revenue from sale of electricity in the first five months of the current fiscal year, 32 percent more than what it had mobilized in the corresponding period of last fiscal year.