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The regulators step up monitoring at a time when many cooperatives have landed in financial crisis in the absence of regular monitoring.
The CS noted the removal of the taxes would benefit a portion of salaried Kenyans.
KATHMANDU, Feb 14: The Rastriya Swatantra Party (RSP) has suggested the government to halt the registration of savings and credit cooperatives for at least one year.
KATHMANDU, Feb 8: The House of Representatives (HoR) on Wednesday endorsed the Anti Money Laundering and Business Promotion Bill. The move is likely to avoid Nepal falling in the greylist of the Financial Action Task Force (FATF).
KATHMANDU, Oct 14: The Kathmandu Metropolitan City (KMC) has issued a notice calling for the establishment of labor cooperatives to engage in a variety of activities, including developmental and construction projects.