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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)
‘VAT
threshold
needs to be expanded’ (ht 22/12/2014), FNCCI
to
ask government to raise VAT threshold (kp
25/12/2014)
Revenue
collection
swells to Rs 114b in first 4 mths (kp 11/12/2014)
IRD
meets
overall revenue collection target (ht 27/11/2014)
‘Grievance
cell’
to accept tax-related complaints (kp 24/11/2014)
College
students
to check if traders issue VAT bills (kp
21/11/2014)
Taxman
exceeds
goal in slashing VAT defaults: But it was less
successful in reducing the number of income tax
defaulters (kp 19/11/2014)
Sipradi’s
Rana
named top single taxpayer (kp 18/11/2014), Ncell
biggest
income-tax payer in FY 2012/13, paying Rs 4b (rep
18/11/2014)
Third
national
tax day observed in Capital (ht 18/11/2014)
Government
collects
Rs 4.76bn in fees from telecom sector (ht
09/11/2014)
Q1
revenue
collection exceeds target (kp 08/11/2014), Revenue
collection
up 18.56pc in first quarter of this fiscal year
(ht 08/11/2014)
FCGO
plans
to roll out RMIS across country by next fiscal (ht
20/10/2014)
Revenue
dept
vows to crack down on firms flouting rules:
Entrepreneurs using fake excise duty stickers on
products to face action (ht 16/10/2014)
Govt
adds
184k new taxpayers, short of target (kp
21/09/2014)
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)
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