Category: Featured News

Govt exempts custom tax on any size of TV carried by migrant workers while returning home

Kathmandu: The government has exempted custom tax on one television set of any size to migrant workers. According to the Finance Minister Dr. Prakashsharan Mahat, workers who are in abroad for employment can bring any size of television with them while returning to home without paying any custom tax. However, they are need to be… Continue reading Govt exempts custom tax on any size of TV carried by migrant workers while returning home

Nepal govt allocates 1,751 bn rupees budget for FY 2023/24

Kathmandu: The government has presented a budget of 1,751 billion rupees for the coming financial year. In the joint meeting of the Federal Parliament, Finance Minister Dr Prakasharan Mahat announced the budget of 1,751 billion rupees for the coming financial year 2023/24. To maintain prosperity and good governance, the budget will also be focused on… Continue reading Nepal govt allocates 1,751 bn rupees budget for FY 2023/24

Govt formally recognizes Mount Everest summiteers

Kathmandu: 16th International Sagarmatha (Mount Everest) Day is celebrated in Nepal’s capital Kathmandu today by honoring Everest summiteers.Nepal Mountaineering Association (NMA) co-hosted the 16th Mount Everest Day with the Government of Nepal (Ministry for Culture, Tourism, and Civil Aviation) and other tourism-relate umbrella organizations to acknowledge the first-ever successful ascent of thehighest mountain in the… Continue reading Govt formally recognizes Mount Everest summiteers

Nepal marks 16th Republic Day

Kathmandu: The 16th Republic Day is being celebrated by organizing various programs across the country. This day has been celebrated for a decade and a half as the achievement of the long sacrifice and struggle of the Nepali people. In the presence of President Ramchandra Paudel, the Republic Day was celebrated in a grand manner… Continue reading Nepal marks 16th Republic Day

Nepal celebrates 70 years of first successful ascent of Mt Everest

Kathmandu: Today marks 70 years since the first successful ascent of Mount Everest, the world’s highest peak. On this day, May 29, 1953, Tenzing Norgay Sherpa and Sir Edmund Hillary set foot on Mount Everest for the first time. In commemoration of the same climb, ‘Platinum Jubilee’ is being celebrated in connection with the 70th… Continue reading Nepal celebrates 70 years of first successful ascent of Mt Everest

Due to the global economic recession, the economic growth rate of Nepal is seen to shrink to 2.16 percent: Finance Minister

Kathmandu: Finance Minister Dr. Prakasharan Mahat has said that the economy of Nepal has also been affected this year due to the global economic recession and the economic growth rate is expected to shrink to 2.16 percent. Releasing the economic survey 2022/24 in the Federal Parliament today, he said that the slowdown in world economic… Continue reading Due to the global economic recession, the economic growth rate of Nepal is seen to shrink to 2.16 percent: Finance Minister

House of Representatives passed govt’s policy and program by majority votes

Kathmandu: The policy and program for the financial year 2023/24 has been passed by a majority. The government’s policy and program presented by President Ramchandra Paudal in both houses of the Federal Parliament on May 19 was passed by the Parliament meeting held on Saturday. The draft of policy and program was passed by the… Continue reading House of Representatives passed govt’s policy and program by majority votes