Finance Minister Barshaman Pun has tabled a budget of Rs. 18.60 trillion for the fiscal year 2081/82 at the parliament.
Finance Minister Honorable Dr. Prakash Sharan Mahat has unvealed the Budget for the FY 2080/81 on Jestha 15, 2080. Finance Minister has announced the total Budget of Rs. 1,751.31 billion
Central Bank of Nepal unvealed it's Monetary Policy on July 22, 2022 for the Fiscal Year 2079/80 (2022/23). Governor Mr. Maha Prasad Adhikari through the annual monetary policy attempts to control the inflation.
Finance Act 2079/80 (2022/23) has introduced Digital Service Tax on Digital Services provided by Non Resident Person to the Resident Consumers.
Finance Minister Honorable Janardhan Sharma has unvealed an ambitious Budget for the FY 2079/80 on Jestha 16, 2079. Finance Minister has announced the total Budget of Rs. 1,793.83 billion for the coming fiscal year.
Finance Minister Honorable Bishnu Prasad Poudel has unveiled an ambitious Budget for the FY 2078/79 on Jestha 15, 2078. A very good budget from every aspect, Total Budget is of NPR 1647.57 billion for the FY 2078/79.
The Covid - 19 global pandamic have hit Nepal also in a big way. Due to the pandamic, country went to close down for more than 3 months and still the close down has not been completely lifted. Infection of Corona Virus among the citizens of Nepal is increasing day by day.
Central Bank of Nepal unvealed it's Monetary Policy on July 17, 2020 for the Fiscal Year 2020/21. Governor Mr. Maha Prasad Adhikari through the annual monetary policy attempts to mitigate the economic effects of Covid-19, promising to help support businesses get back on their feet.
A Foreign investor can invest or operate a business in Nepal (i) by incorporating a limited liability company in Nepal, (ii) by acquiring shares of a limited liability company already in existence.
Finance Minister Mr. Khatiwada on May 29, presented NPR 1.474 trillion federal budgets for the fiscal year 2077/78 (2020/21) in the joint session of the House of Representatives and National Assembly.
Nepal Rastra Bank has issed Monitary Policy for fiscal year 2019/20. The Monitary Policy has targetted the GDP Growth Rate of 8.5 percent for the coming Year. The Monitary Policy has made it mandatory for commercial banks to issue debentures/corporate bonds amounting to 25 per cent of their paid-up capital by end of the fiscal.
Nepal signed it first Double Taxation Avoidance Agreement with the neighbouring country India way back in January 18, 1987. Prior to that, the provision of giving deduction in foreign tax already existed through the Income Tax Act, 1974 but the provision of foreign tax credit has been introduced through tax treaties with various countries thereafter.