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Commercial banks allocate Rs 38 bn in taxes, Kumari Bank leads with record growth

KATHMANDU: Nepal’s commercial banks and financial institutions have collectively allocated nearly Rs 38 billion in tax liabilities for the fiscal year 2081/82 (2023/24), marking a significant 22.42% increase compared to the previous fiscal year. According to recently published financial statements, banks set aside Rs 37.92 billion for tax payments...

Commercial banks allocate Rs 38 bn in taxes, Kumari Bank leads with record growth
Congress-UML mimic Pakistani-Style regime, Ignore economy as Nepal crumbles under political revenge

Congress-UML mimic Pakistani-Style regime, Ignore economy as Nepal crumbles under political revenge

Buddha, Yeti and Shree Airlines cross Rs 21.55 bn in annual business as domestic aviation booms

Buddha, Yeti and Shree Airlines cross Rs 21.55 bn in annual business as domestic aviation booms

Laxman KC re-elected as President of IEPAN for a second term

Laxman KC re-elected as President of IEPAN for a second term

Reliance Spinning Mills posts record profit of Rs 1.48 bn in FY 2081/82

Reliance Spinning Mills posts record profit of Rs 1.48 bn in FY 2081/82

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DoTM enforces mandatory high-security embossed plates from October 17

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NRB directs banks to submit uniform LFAR reports, Warns of action for non-compliance

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High-level governance reform commission talks dismissal and merger of redundant public institutions

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Energy Minister Khadka openly challenges CIAA over Rs 8 bn billing scandal, ‘We created the CIAA’

Energy Minister Khadka openly challenges CIAA over Rs 8 bn billing scandal, ‘We created the CIAA’

NTA, NT sign major deal to extend optical fiber in Gandaki and Lumbini under RTDF

NTA, NT sign major deal to extend optical fiber in Gandaki and Lumbini under RTDF

Indonesia’s 80th Independence Day celebrated in Nepal; Dhakal highlights strong ties

Indonesia’s 80th Independence Day celebrated in Nepal; Dhakal highlights strong ties

Central Bank raises forex exchange limit to $500,000 for Gold and Silver Import

Central Bank raises forex exchange limit to $500,000 for Gold and Silver Import

Nepal issues first-ever IVF and Infertility Treatment Standards, age limit set for semen and egg donors

Nepal issues first-ever IVF and Infertility Treatment Standards, age limit set for semen and egg donors

Immigration tightens: Int’l travelers must reach TIA one hour earlier

Immigration tightens: Int’l travelers must reach TIA one hour earlier

NEA profit plunges by 37.32pc after Kulman’s exit; Authority faces backlash under Hitendra Dev

NEA profit plunges by 37.32pc after Kulman’s exit; Authority faces backlash under Hitendra Dev

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