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Tag: finance minister

21 per cent growth in tax collection, still 12 per cent short of target

. Kathmandu, May 7 There has been a 21 per cent growth in the government revenue collection in the first nine months of the ongoing fiscal year. According to the Finance Ministry, the government collected Rs 588 billion in revenues as of April 13. Even though that number is 21 per cent more than what […]

Finance Minister stresses ‘quality increase’ in revenue

Chitwan, April 15 Finance Minister Yuba Raj Khatiwada has directed revenue officers for a ‘quality increase’ in revenue collection by expanding the tax range. During his visit to the Inland Revenue Office in Bharatpur today, he directed the office employees to focus on quality growth in revenue. He also instructed for the full enforcement of […]

Provincial finance ministers meeting Khatiwada to demand more budget

Kathmandu, May 7 Financial affairs and planning ministers of all seven provinces of the country are holding a meeting with federal Minister for Finance Yubaraj Khatiwada today urging him to increase the ceiling of budget to be allocated to provincial governments from the centre. Khatiwada is busy preparing the annual budget statement for next fiscal […]

Finance Minister Khatiwada is now member of Parliament

Kathmandu, March 9 Finance Minister Yubraj Khatiwada has been sworn in as a member of the National Assembly. Khatiwada was nominated to the post by President Bidya Devi Bhandari upon the recommendation of the KP Oli Cabinet. However, his swearing in had been delayed after the Supreme Court issued a stay on his appointment. During […]