Economy

IRO Janakpurdham Collects Only 44 Percent Revenue 
IRO Janakpurdham Collects Only 44 Percent Revenue 
  0   56 seconds to read

Inland Revenue Office Janakpurdham has collected only 44 percent revenue of the annual target in the seven months of the current fiscal year…

Cardamom Export Sees Huge Surge
Cardamom Export Sees Huge Surge
  0   2 minutes 50 seconds to read

Despite the price rise, cardamom export has witnessed a sharp spike this fiscal year. Following increase of demand and price due to the fall of cardamom’s output in India, export of black gold from Nepal has seen colossal…

Government Spends 37 Percent Budget in Seven Months 
Government Spends 37 Percent Budget in Seven Months 
  0   1 minutes 29 seconds to read

February 13: The government has spent 37.22 percent of the budget in the first seven months of the current fiscal year 2022/23.  As per the data released by the Financial Comptroller General Office, the government has spent Rs 667.65 billion in the first seven months of the current fiscal…

Government Downsizes Budget By 14 Percent 
Government Downsizes Budget By 14 Percent 
  0   1 minutes 0 seconds to read

Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel has downsized the budget for the current fiscal year…

Contracted Trade Causes Revenue to Fall 
Contracted Trade Causes Revenue to Fall 
  0   2 minutes 22 seconds to read

Birgunj Customs office, Nepal’s one of the major entry points for trade with India and other countries, has failed to collect revenue in accordance with target in the first six months of the current fiscal…

Birgunj Customs Office Fails to Meet Revenue Collection Target
Birgunj Customs Office Fails to Meet Revenue Collection Target
  0   3 minutes 21 seconds to read

Shrinking demand and plummeting consumption have adversely affected government’s revenue collection target at Birgunj Customs Office. The customs office collected only half of the targeted revenue in the month of…

Not Economic Crisis, but a Challenge, says Finance Minister Sharma
Not Economic Crisis, but a Challenge, says Finance Minister Sharma
  0   3 minutes 18 seconds to read

Minister for Finance Janardan Sharma has said that recent challenges Nepal’s economy has been facing including the slow economic growth and shortage of liquidity have resulted from the lack of implementation of economic and business policies introduced by the…