Non-life insurance companies have sold off insurance products worth around Rs 33 in the first ten months of the current fiscal year. According to data published by the Nepal Insurance Authority(NIA), 14 non-life insurance companies sold 2,393,182 insurance policies by the end of Baisakh, earning a total insurance premium of Rs 32.87…
In light of rising temperatures, schools in Birendranagar will be closed starting Sunday. The Private and Boarding Schools Organisation of Nepal (PABSON), the umbrella organization of private and boarding schools in the country, has decided to close schools for a week beginning June 2, citing the scorching…
KATHMANDU: The government has decided to pay a part of its obligations under the agriculture and livestock insurance, paving the way for resuming the insurance program that has been suspended for two and a half months.…
KATHMANDU: Despite the implementation of federalism to extend significant rights to the local levels, the federal government has been allocating the annual budget in a manner that contradicts this purpose.…
KATHMANDU: The government has given continuity to the luxury tax on hotels and the value-added tax (VAT) on airfare in the budget for the upcoming fiscal year.…
KATHMANDU: The price of gold has set an all-time high record and is being traded at Rs 142,200 per tola (11.66 grams) in the domestic market on…
KATHMANDU: The Open Budget Survey (OBS) 2023, conducted by Freedom Forum on behalf of the International Budget Partnership (IBP), has revealed that Nepal improved its budget transparency score to 50, surpassing the global average of 45 out of…
KATHMANDU: The Weather Forecasting Division reported record high temperatures across the country on Thursday. Nepalgunj witnessed the highest temperature of 44.2 degree…
KAILALI: Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said the projects of the current fiscal year including those of national pride and strategic importance will be continued in the upcoming fiscal year as…
Finance Minister Barshaman Pun emphasized that the government will not manipulate tax rates to appease any group, stating that the country's economic development requires a thriving private…
The Nepal Stock Exchange (NEPSE) Index continued to decline, losing 19.89 points, or 0.95%, to close at 2069.53 on Thursday, the last trading day of the…
KATHMANDU: Contrary to its policy of promoting electric vehicles, the government has increased the tax on their import, citing the lack of resources.…
KATHMANDU: Former Finance Minister Janardan Sharma announced on September 10, 2021, that the 5 percent customs duty on sponge iron imports would be reduced to zero through a replacement…
KATHMANDU: The price of gold has increased by Rs 2,300 per tola (11.66 grams) in the domestic market on Thursday as compared to the previous trading…
KATHMANDU: The National Federation of Cooperatives, the umbrella body of the cooperatives, has responded positively to the budget for the next fiscal year, stating that it addresses long-term issues faced by cooperatives nationwide.…
