The government has set its target on achieving a 6% economic growth rate in the next fiscal year, 2023/24.  The Finance Minister, Dr. Prakash Sharan Mahat, unveiled this target while presenting the budget statement in Parliament on…

Finance Minister Dr Prakash Sharan Mahat has presented the Economic Survey of Fiscal Year 2022/23 and the Annual Situation Review of Public Corporations, 2023 in the separate meetings of the House of Representatives (HoR) and the National Assembly…

Nepal's per capita income is estimated to reach an all-time high of 1410 US Dollars or NPR 1,84,710 in the current fisacl year, according to the latest statistics released by the National Statistics…

Finance Minister Dr. Prakash Sharan Mahat has emphasized the importance of collective efforts from all sectors and parties to improve the struggling…

Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s…

Nepal Chamber of Commerce (NCC) has urged Finance Minister Dr Prakash Sharan Mahat to expand the scope of tax.  A delegation of NCC including its president Rajendra Malla called on the Finance Minister on Tuesday and suggested that the government fulfill the revenue collection target by expanding the tax…

The Asian Development Bank (ADB) has estimated Nepal’s economic growth (gross domestic product growth) rate to be 4.1 per cent for the fiscal year 2023, down from an estimated growth of 5.8% in fiscal year…

The NEPSE index fell 16.67 points and closed at 1,871.88 on the second trading Monday as well. The Sensitive Index plunged by 3.05 points. Likewise, Floated Index, and Sensitive Floated Index decreased by 1.16 and 1.04…

Janakpur Customs Office Janakpurdham is finding it tough to meet its revenue collection target in the current fiscal…

Government restrictions on import and fall of demand in domestic market have dealt a blow to revenue collection from Birgunj Customs…

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

Nepal has reported a surplus of Rs 133.21  billion in the balance of Payments (BOP) in the seven months of the current fiscal…

Nepal has witnessed the inflow of remittance worth over Rs 689 billion in seven months of the current fiscal year,…

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…

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…