value added tax

Minister Mahat has said that taxes were increased on essential commodities such as potato and onion to promote self-reliance on the production.

Domestic airline companies in Nepal have recently announced the implementation of value-added tax (VAT) on their services, starting today.

Finance Minister Dr Prakash Sharan Mahat has said the revenue rates of the budget for the upcoming fiscal year

Inland revenue collection in the first eight months of the current fiscal year failed to meet the target.

The process of preparing the budget for the next financial year has started.

Internal revenue collection has failed to meet the target set for the current fiscal year.

According to the Ministry of Finance, there are 198,087 taxpayers who received local accounting numbers in the first quarter

The DRI has filed cases against operators of three companies for evading revenues amounting to over Rs 180 million by creating fake bills.

The Inland Revenue Office at Nawalparasi (east of Bardaghat-Susta) has collected Rs 12.30 billion in the first seven months of the current fiscal year.