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Tax rates should be proportionate to people’s capacity to pay: PM Oli

Prime Minister KP Sharma Oli addresses Province 2 Assembly, in Janakpur, on Saturday, August 18, 2018.

Biratnagar, August 21

Prime Minister KP Sharma Oli has argued that although the local units are authorised to impose tax, rates should be proportionate to the people’s capacity to pay.
Addressing mediapersons in Biratnagar on Tuesday, PM Oli asserted that Nepal’s taxation rate was one of the lowest among in the world.
He clarified that the taxes on land and business generate sources of income for the city and federal units. The Prime Minister further said that false information should not been disseminated among the people after misinterpreting issues of revenue and tax.

Furthermore, the PM spoke of the need to end the trend of staging protest over any move of the government.

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