Kathmandu: Nepal Rastra Bank (NRB) has introduced QR codes in various sectors to promote digital payment system and the number of payers through codes has increased. Till last month, the minimum amount paid through QR code was Rs. 500 million in January. As per the report made public by Nepal Rastra Bank, more than Rs.… Continue reading QR code payment increases
Category: Finance
NOC hike fuel price
Kathmandu: Nepal Oil Corporation has increased the price of petroleum products. The former retail price of petrol and diesel / kerosene has gone up by Rs 2 per liter. Now the price of petrol has reached Rs 118 per liter and diesel Rs 101. The retail price of aviation fuel (for domestic flights) has been… Continue reading NOC hike fuel price
Pandemic sets back Italian women’s long fight for jobs
ROME (AP): One of hundreds of thousands of women in Italy who lost jobs in the pandemic, Laura Taddeo has a masters degree in tourism, speaks fluent English and Spanish and some Arabic, too. Her contract as a tour operator with a high-end Italian hotel company expired in May, just as COVID-19 travel restrictions were… Continue reading Pandemic sets back Italian women’s long fight for jobs
Tax officer of Inland Revenue Office Janakpur arrested with bribe
Kathmandu: Tax Officer Ramesh Dhakal of the Inland Revenue Office Janakpur has been arrested with a bribe of Rs 150,000. According to the Office of the Commission for Investigation of Abuse of Authority, Bardibas, Dhakal was arrested along with a bribe of Rs. 150,000 paid by Navin Kumar Karna, the proprietor of Management Accounts Consultancy.… Continue reading Tax officer of Inland Revenue Office Janakpur arrested with bribe
Trade fair of Nepal Women Chamber concludes
Kathmandu: The three-day trade fair organized on the occasion of the 70th anniversary of the Nepal Chamber of Commerce and the 111th International Women’s Day has come to an end. The best participants and stalls of the fair organized by the Nepal Women’s Chamber under the Nepal Chamber of Commerce have been awarded, according to… Continue reading Trade fair of Nepal Women Chamber concludes
95.9 pc progress in internal revenue collection in 7 months
Kathmandu: In the first seven months of the current Fiscal Year 2021/2022, the progress towards internal revenue has been only 95.9 percent. According to the Inland Revenue Department, income tax of Rs 112.43 billion has been collected till January this year. According to the statistics of the department, Rs 65.12 billion has been collected for… Continue reading 95.9 pc progress in internal revenue collection in 7 months
International Women’s Day: women are still underpaid
Myagdi (Rashtriya Samachar Samiti): “I have been teaching English at the basic level (grades 1-8) for seven years, but my salary is less than half that of a male teacher at the same level.” A teacher at a private and institutional school in Myagdi said, “Equality is only in slogans, but not yet in practice.”… Continue reading International Women’s Day: women are still underpaid
Airline operators hike airfare after fuel price hike
Kathmandu: Nepal Oil Corporation (NOC) has increased the price of petroleum products including air turbine fuel (ATF) thus the airline operators have also increased the fuel surcharge price on air fares. According to the Airline Operators Association of Nepal (AOAN), it has been decided to increase the price according to the automated system. The decision… Continue reading Airline operators hike airfare after fuel price hike
Number of Demat accounts exceeds 3 mn
Kathmandu: The number of demat accounts has exceeded 3 million. Lately, the public’s interest in the stock market has been increasing. Especially after the IPO of Nepal Infrastructure Bank, the public’s interest in the market has skyrocketed. According to CDS and Clearing Limited, which has a complete audit of share transactions, the number of demat… Continue reading Number of Demat accounts exceeds 3 mn
Finance Ministry releases Rs 1.08 bn budget for under construction health service center
Kathmandu: The Ministry of Finance has approved to release Rs 1.08 billion as conditional grant for the health service centers under construction at 113 local levels. Finance Minister Bishnu Prasad Poudel has approved the proposal of the Ministry of Health and Population to pay the liability of the buildings under construction of the ward level… Continue reading Finance Ministry releases Rs 1.08 bn budget for under construction health service center