Kathmandu: The Ministry of Finance has directed the Secretaries of the Government of Nepal to implement the budget for the new fiscal year 2080/81 within the stipulated time frame. Finance Minister Dr. Prakasharan Mahat gave this instruction to the secretaries of all the ministries of the Government of Nepal on Wednesday. He directed to give… Continue reading Finance Minister directs secretaries to implement budget on time
Category: Finance
Department of Customs changes head of TIA customs
Kathmandu: Joint Secretary Tokraj Pandey has taken the responsibility of the head of Tribhuvan Airport Customs Office. Chief Customs Administrator Arun Pokharel, who has been on leave for the past three weeks, has been transferred to the ministry and given the responsibility to Pandey. The ministerial meeting decided to transfer Pandey to the Tribhuvan Airport… Continue reading Department of Customs changes head of TIA customs
Election commission takes action against candidates who did not submit election expenses
Kathmandu: The Election Commission has takes action against 2,435 candidates who did not disclose their expenditure details for the House of Representatives and Province Assembly elections within the stipulated time. On Tuesday, Shaligram Sharma Poudel, spokesperson and joint secretary of the commission, issued a press release and informed that 2,435 candidates were fined 15,000. The… Continue reading Election commission takes action against candidates who did not submit election expenses
Nepali Airlines are allowed for in-flight shopping service
Kathmandu: Nepal’s international airlines are now able to operate ‘Onboard Duty Paid Shop’ during flights. The Ministry of Culture, Tourism and Civil Aviation has issued a procedure for operating on-board duty paid shops with the aim of facilitating the operation of such shops inside the aircraft during the flight. According to this procedure, the airline… Continue reading Nepali Airlines are allowed for in-flight shopping service
U.S. based tea company Nepal Tea Collective Launches in Nepal
Kathmandu: New York based tea company, Nepal Tea Collective, is now in Nepal. Since 2016, Nepal Tea Collective has been distributing Orthodox Nepali teas all over the United States and to buyers from over 42 countries. Till date, they have sold more than 10 million cups of tea world-wide. They are now enthused to launch… Continue reading U.S. based tea company Nepal Tea Collective Launches in Nepal
DOFE objects immigration department’s decision of returning migrant workers from airport
Kathmandu: The Department of Foreign Employment (DoFE) objects Department of Immigration’s decision of returning migrant workers from airport despite having work permit. The department disagreed with the decision that the workers going to work abroad with a labor permit must submit additional documents to the immigration office for the departure permit, saying that the documents… Continue reading DOFE objects immigration department’s decision of returning migrant workers from airport
Nepal begins grass export to China
Kathmandu: Nepal has officially started exporting processed grass to China for the first time. Deputy Prime Minister and Home Minister Narayankaji Shrestha, Minister of Agriculture and Livestock Development Dr. Beduram Bhusal and Chinese Ambassador to Nepal Chen Song officially launched the haulage export during a program on Saturday. 10 trucks with 80 tons have left… Continue reading Nepal begins grass export to China
IBN signs MoU with German company to establish chemical fertiliser plant in Nepal
Kathmandu: Investment Board Nepal, today, signed a Memorandum of Understanding (MoU) with German- based DIAG Industries GmbH for Preparation of Detailed Feasibility Study Report for the establishment of Chemical Fertiliser Plant (Urea) in Nepal. Chief Executive Officer of Investment Board Nepal, Sushil Bhatta, and Managing Director of DIAG Industries GmbH, Benjamin Becker, signed the MoU… Continue reading IBN signs MoU with German company to establish chemical fertiliser plant in Nepal
Remittances increased 22.7 percent in last 11 months
Kathmandu: Remittance inflows increased 22.7 percent to R 1112.52 billion in the last 11 months compared to an increase of 4.1 percent in the same period of the previous year. Number of Nepali workers (institutional and individual-new) taking approval for foreign employment increased 46.6 percent to 459,415 in the review period. The number of Nepali… Continue reading Remittances increased 22.7 percent in last 11 months
NOC drops fuel price
Kathmandu: Nepal Oil Corporation (NOC) has reduced the price of petroleum products. The corporation reduced the prices with effect from Monday midnight. According to the corporation, the price of petrol and diesel/kerosene has been reduced by Rs 7.50, Rs 6 and Rs 5 per liter for the first, second and third category respectively. According to… Continue reading NOC drops fuel price