March 8: Industrialists and businessmen of eastern Nepal, who have been paying taxes under different headings in different places, have requested the three-tier government to make all kinds of tax payment possible through a one-door system.

Speaking at a program organized by the Revenue Advisory Committee in Biratnagar on Sunday to collect suggestions from the private sector for the formulation of revenue policy for the fiscal year 2079/2080 BS, the industrialists said that they are having trouble paying taxes to different governments through different systems.

Devaki Nandan Agrawal, coordinator of the revenue committee of the Federation of Nepalese Chambers of Commerce and Industry, Province 1, said that the local government was unnecessarily levying taxes on production and export and urged the concerned body to stop such extortion.

Agrawal suggested that the federal government should define the tax rate at all local levels as the industrialists could not bear the hassle of paying taxes at the federal, state and local levels.

President of Province 1 chapter of the Confederation of Nepalese Industries Bhim Ghimire said that they have been facing procedural hassles from the establishment of the industry to its operation and closure. He suggested that an investment-friendly environment could be created by simplifying the tax policy and ending the administrative hassles.

General Secretary of the Chamber of Industries Morang, Anil Sharda said that there is a problem in the consumption of Nepali products when goods enter the market from the open border.

Speaking on the occasion, Chairman of the Revenue Advisory Committee, Mahesh Prasad Dahal, said that the role of the private sector is crucial to review the overall economy. Stating that the situation of conflict emerging in the world will affect Nepal as well, he said that only with the joint efforts of all can the economy be taken in the right direction. Joint Secretary at the Ministry of Finance Ramesh Kumar BC said that they would address the issues raised by the stakeholders in the upcoming budget.