Mero Share

Login for Business Aggregreated News

Menu
  • Mero Share Homepage
  • Home
  • Privacy Policy
Menu
‘expand-tax-base,-control-tax-leakage-to-increase-revenue’

‘Expand tax base, control tax leakage to increase revenue’

Posted on November 23, 2020 by admin

KATHMANDU, NOVEMBER 22

Finance Minister Bishnu Prasad Poudel has said that it is necessary to expand the tax base and also control tax leakage in order to increase the share of internal revenue in overall revenue structure.

Speaking at the inauguration programme of the Inland Revenue Office in Jorpati on the occasion of the ninth National Tax Day, Finance Minister Poudel said that it is necessary to increase voluntary tax participation to increase the overall revenue mobilisation.

He directed tax officials to strictly implement the methods of compliance such as tax audit, investigation, market monitoring, administrative review, collection of arrears and clearance of unmatched amount, according to a press release issued by Ministry of Finance.

The finance minister also directed concerned authorities to create an environment of minimum cost in tax participation, customer-friendly behaviour, simplification of procedures and make full use of available technology.

He directed Inland Revenue Department (IRD) and all its subordinate revenue offices to bring about a


Read the full story on The Himalayan Times


Share this:

  • Twitter
  • Facebook

Related

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • Chandragiri Hills distributing IPO today
  • Export increases in first six months of current fiscal year
  • Bad weather hits flight service in Humla
  • FNCCI to provide initial capital to fifty startups
  • NEPSE index up by 31.87 points
  • Only 150,000 to be lucky to get IPO of Chandragiri Hills
  • MoCTCA amends ratings provision for hotel industry
  • SC tells govt not to allow FDI in agro sector
  • Gold price up by Rs 600 per tola
  • Nepal requires Rs 665 billion to revive economy
  • Nepse increases by 15.87 points
  • Govt fails to collect revenue as targeted; import down by 4%
  • Gold price up by Rs 500 per tola
  • Etihad launches IATA Travel Pass
  • Himalaya Airlines conducts test flight to Lhasa
  • FinMin assures tourism entrepreneurs of better days in the horizon
  • IMF approves $2.7 bln line of credit to Panama for pandemic fallout
  • Over 1.5 million apply for IPO of Nepal Infrastructure Bank
  • Record high applications for IPO of Nepal Infrastructure Bank
  • COVID-19 causes Rs 322 billion loss to Nepal’s economy, Rs 665 billion required for recovery

Free Web Directory

What are you looking for?

Popular on Mero Share

Advertisement (Regulation) Act 2019 Advertisement Board Breaking News Business Corporate COVID-19 pandemic domestic production Finances (Bank and others) Floriculture Association Nepal flower Flowers for Tihar Flowers for Tihar festival Himalaya Airlines Home-workers ILO International Labour Organisation Kuala Lumpur Legislative Management Committee Malaysia Market Minister for Communications and Information Technology NAC National Nepal Airlines Corporation nepal business news Nepalis brought home Nepalis evacuated Nepalis repatriated Nepalis returned from Malaysia Nepalis stranded abroad News Others repatriated Nepalis Repatriation flights Shri Ram Sugar Mill Singapore Special Stock Stranded Nepalis Sugarcane farmers TIA Tihar Tribhuvan International Airport visa for Nepal visa rules for foreign tourists
©2021 Mero Share | Design: Newspaperly WordPress Theme