The Ministry of Finance on Tuesday extended the deadline for tax submission for the private sector companies by a month at the request for the same by the latter. Citing the damage inflicted on the business and industries during the protests called by Gen Z last week, the private sector has been suggesting that the government offer some relief measures to help them in reviving the business and boosting morale.
Thirty-four individuals, mainly youth, were killed in the two-day demonstrations against corruption, nepotism and recent social media ban called by the GenZ Alliance.And, country’s economy received a major blow that might take years to recover.
The government’s plan to make embossed number plates (ENPs) mandatory for vehicles has met with widespread public resistance. The ENP is a high-security, machine-readable licence plate equipped with an RFID chip that links the vehicle to a centralised database and enhances vehicle security through GPS tracking. Such plates enable better monitoring of vehicle movement, reducing the risk of theft. They also support more efficient database management, revenue collection and administrative processes.
Vice President of Nepal, Ramsahay Prasad Yadav and his Vietnamese counterpart Vo Thi Anh Xuan have agreed on convening the first meeting of the Bilateral Consultation Mechanism between the two nations at an early date. At a delegation-level bil
In 2017, there were approximately 20.7 million people of working age, of whom 7.1 million were employed, while 908,000 (11.4 per cent) were unemployed, according to data from the Nepal Labour Force Survey (NLFS) Report 2017/18. The NLFS considers citizens aged 15 and above as part of the labour force.
The Foreign Ministry has made its stance on the issue of border dispute in Lipulek and Kalapani clear by issuing a statement on Wednesday evening, after there were news reports that India and China agreed to reopen the Lipulek trade route.
In 2012, Khilendra Paudel served as branch supervision manager at IME (M) Sdn. Bhd. in Kuala Lumpur, Malaysia, and identified the significant potential of technology to revolutionise business operations, particularly within the financial sector.
The Ministry of Finance (MoF) has released a comprehensive draft of the Climate Finance Mobilisation Procedure 2025, signalling a major policy push to access and manage international climate finance more efficiently.
The CDS and Clearing (CDSC) Limited is on the final stage to implement dual International Securities Identification Numbers (ISINs) to separate the promoter shares and public shares of the companies listed at the stock exchange to protect the interest of the investors.
Anita Regmi of Narayan Municipality-6 in Dailekh district has been running a poultry farm for the last several years. She was running the business without registering it at any authorities but she got a chance to attend a two-day training organised by Dailekh Chamber of Commerce which educated her a
Seven years since Nepal implemented the contribution-based social security scheme for the employees, the question remains on how to better attract Nepali businesses to the Social Security Fund (SSF). In particular, micro and
Anita Basaula, a woman entrepreneur from Birgunj, has been running beauty parlour business informally. Nobody told her about the need and benefits of registering the business. Meanwhile, after attending a two-day Formalize your Business training under the 'Empowered Women and Prosperous Nepal' programme organised at the Birgunj Chamber of Commerce and Industry, she realised the avenues could be opened with the registration of her business.
Nepal has received foreign aid commitment of Rs. 273.04 billion in the Fiscal Year 2024/25 which is above the annual estimates announced by the budget of the same year. Statistics from the Min
All the local governments across the country are well-aware that they have to announce their budget for the upcoming fiscal year by Ashadh 10 of Nepali calendar (June 24 in case of this year) which is a legal provision in the Intergovernmental Fiscal Arrangement Act, 2074.
The Nepal Rastra Bank (NRB) unveiled the Monetary Policy for the upcoming Fiscal Year 2025/26 on Friday with measures to expand private sector credit, manage non-performing loans (NPLs) and non-banking assets, and promote the share market.