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Tax arrangements in new budget - A Political and Business weekly

Tax arrangements in new budget - A Political and Business weekly
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Lack of investment-friendly laws raises concerns as Investment Summit approaches

KATHMANDU, April 20: Despite the private sector’s recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any amendments. With only nine days remaining for the start of the Nepal Investment Summit-2024, where the government aims to attract foreign investment, the private sector is worried due to the absence of legal reforms. ....

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Budget drafting process begins, finance ministry employees urged to refrain from attending meetings unless absolutely necessary

KATHMANDU, April 1: The Ministry of Finance (MoF) has initiated the process of drafting the budget for the upcoming fiscal year 2024/25. With the commencement of budget drafting, the MoF has urged employees to attend meetings only if absolutely necessary. ....

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