The Government of Nepal has announced a total budget of Rs 1.96 trillion for the Fiscal Year 2082/83, with a focus on economic recovery and sustainable development. Presenting the budget in the Federal Parliament, Finance Minister Bishnu Prasad Paudel allocated Rs 1.18 trillion for recurrent expenditure..
Nepal has taken a bold step to welcome global investors by introducing the Automatic Route for Foreign Direct Investment (FDI). This reform removes much of the red tape, making it faster and easier for businesses to invest in the country.
Nepal has officially become the 173rd member of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes. This marks a significant step forward for the country’s financial integrity and global economic cooperation.
