KATHMANDU — Sometime on April 28, 2026, the state treasury of Nepal pulled off a masterclass in financial smoke and mirrors. If you glance at the latest mid-May data released by the Public Debt Management Office (PDMO), Nepal’s public debt-to-GDP ratio appears to have miraculously dropped from a dangerous 48.04% in April down to a […]
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Trade union leaders representing workers have been calling on the federal government to move towards a fairer tax system that provides essential public services, including health care, sanitation and local government services safeguarding the economic justice. In a two-day meeting held in the capital on 23rd and 24th September, union representatives discussed the current tax […]
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Public Service International (PSI) and Friedrich-Ebert-Stiftung Nepal jointly organized the two-day National Economic Justice Meeting in Kathmandu from today.This meeting organized with the aim of motivating the government to take steps towards a fair global national tax system and to provide essential public services including health services, sanitation and local government services, will be conducted […]
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Twenty commercial banks earned a combined net profit of Rs 64.15 billion, shows the unaudited financial reports released by the banks for fiscal year 2023/24. Nabil Bank emerged as the leader with a net profit of Rs 7.06 billion, marking a 10.23 percent rise compared to the same quarter last year. Global IME Bank followed […]
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Deputy Prime Minister and Minister for Finance Bishnu Paudel has stated that the government is positive about lowering the customs tax on gold and silver. In a meeting with the office-bearers of the Federation of Nepal Gold and Silver Dealers Associations (FENEGOSIDA), Nepal Gem and Jewellery Association (NEGJA), and Federation of Handicraft Associations of Nepal […]
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