Category: Finance

Kathmandu: The Supreme Court has issued an interim order in the name of the government not to levy taxes and fines during the prohibitory order. The Supreme Court has also issued an interim order in the name of the government to make necessary arrangements so that the details of value added tax and tax can… Continue reading SC directs not to take taxes and fines during prohibitory order

Kathmandu: The Ministry of Finance has agreed to set up oxygen plants in 11 hospitals and oxygen pipelines in one hospital in different parts of the country at a cost of around Rs 170 million. The finance ministry has agreed to spend an additional Rs 168 million on the health and population ministry. At the… Continue reading Govt allocates Rs 170 million to construct oxygen plant in 12 hospitals

Kathmandu: The customs department has deployed a ‘Quick Response Team’ to facilitate the supply of essential items including health items during the prohibitory order. Director General of the Department of Customs, Yamlal Bhusal, informed that the department has formed a ‘Quick Response Team’ to facilitate the supply of essential items. He made the remarks at… Continue reading Govt forms ‘Quick Response Team’ to facilitate supply of essential commodities

Kathmandu: Nepal Oil Corporation (NOC) on Sunday again increased the price of petroleum products. The corporation has increased the prices of petrol, diesel / kerosene and aviation fuel (domestic flights) by two rupees per liter with effect from mid-night on Sunday. With this, petrol price has reached Rs 123 per liter, diesel/kerosene Rs 106 and… Continue reading NOC again hike fuel price

Kathmandu: Minister for Agriculture and Livestock Development Padmakumari Aryal has instructed the department heads to solve the problems of the farmers by adopting all the safety measures to be adopted for controlling the epidemic in the country which is in crisis. Minister Aryal has given such instructions while discussing with the departmental heads in the… Continue reading Govt preparing to provide relief to the farmers affected by corona

Kathmandu: Remittances of Rs. 729 billion have been received from abroad in the first nine months of the current fiscal year. This is 16.5 percent more than the same period of previous fiscal year. The remittance inflow had decreased by 4.2 percent in the corresponding period of the previous fiscal year. Despite the increase in… Continue reading Remittances increase by 16.5 percent

Kathmandu: The government has remove the limitations of dollar exhange as it is important for import oxygen-related materilas. Nepal Rastra Bank (NRB) has lifted the limit on the dollar exchange rate saying that the threat of corona epidemic is increasing and there is a lack of oxygen. At present, the exchange facility for import of… Continue reading NRB removes limitations on dollar exchange to import oxygen cylinders

Kathmandu: The Department of Cooperatives has requested the cooperatives across the country to halt heir services except for the essential ones. The department has urged the cooperatives to suspend their regular services until the situation improves as the second wave of corona virus (Covid-19) epidemic is affecting the country. Deputy Registrar of the Department Surendra… Continue reading Govt directs to close all cooperative institutions

Kathmandu: Insurance Committee, the regulatory body, has directed to close all the branch offices of the insurance companies. Stating that the situation of corona infection is getting worse each day, the committee has directed to close all the branches with effect from Thursday. According to Rajuraman Poudel, executive director of the committee, the companies will… Continue reading Insurance Committee directs to close all branches of insurance companies

Kathmandu: Seven people have been arrested in Kathmandu on charges of being involved in the black market of oximeters. According to the District Administration Office, Kathmandu, seven persons have been arrested during the monitoring conducted by a joint team of the District Administration Office, Kathmandu, Metropolitan Crime Investigation Branch, Department of Drug Management and Commerce.… Continue reading Seven arrested for selling oximeter at high price