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Govt revenue hit as share market slows; CGT drops 47.07pc

KATHMANDU: A sustained slowdown in Nepal’s stock market has significantly impacted government revenue, with capital gains tax collected from share transactions declining by 47.07 percent in the first eight months of the current fiscal year. According to official data, the government collected NPR 6.44 billion in capital gains tax...

Govt revenue hit as share market slows; CGT drops 47.07pc
NRB allows banks to issue RFID prepaid toll cards, Moves to digitize highway payments

NRB allows banks to issue RFID prepaid toll cards, Moves to digitize highway payments

Prabhu Bank corporate finance chief arrested in loan misuse case, NRB directive violations under probe

Prabhu Bank corporate finance chief arrested in loan misuse case, NRB directive violations under probe

NRB eases priority lending rules, Expands scope to IT, tourism, and export sectors

NRB eases priority lending rules, Expands scope to IT, tourism, and export sectors

Nepal bankers alarmed as central bank moves to relax blacklisting rules, Warn of rising loan default risks

Nepal bankers alarmed as central bank moves to relax blacklisting rules, Warn of rising loan default risks

Nepal stock market turnover falls nearly 30% to Rs 1.028 trillion in 8 months

Nepal stock market turnover falls nearly 30% to Rs 1.028 trillion in 8 months

NRB governor Paudel highlights importance of money, Calls it medium to store value

NRB governor Paudel highlights importance of money, Calls it medium to store value

Former Nepal Shares Markets CEO Yogendra Shrestha arrested; Convicted to Rs 22.67 crore fine

Former Nepal Shares Markets CEO Yogendra Shrestha arrested; Convicted to Rs 22.67 crore fine

Internal audit exposes Rs 49 million fraud at Citizens Bank, Five employees suspended

Internal audit exposes Rs 49 million fraud at Citizens Bank, Five employees suspended

Global IME Bank to host nationwide financial literacy programs for youth during Global Money Week

Global IME Bank to host nationwide financial literacy programs for youth during Global Money Week

Share-Backed lending rises 11% in Nepal as banks inject Rs 15.45 billion in seven months

Share-Backed lending rises 11% in Nepal as banks inject Rs 15.45 billion in seven months

Six banks reduces fixed deposit interest rates for Chaitra; Maximum return falls to around 5 percent

Six banks reduces fixed deposit interest rates for Chaitra; Maximum return falls to around 5 percent

NRB allows loan restructuring for businesses displaced by highway expansion

NRB allows loan restructuring for businesses displaced by highway expansion

Global IME Bank launches Nepal’s first non-resident and overseas banking division to serve global Nepali diaspora

Global IME Bank launches Nepal’s first non-resident and overseas banking division to serve global Nepali diaspora

NRB governor Paudel says study underway to reform financial blacklisting rules in Nepal

NRB governor Paudel says study underway to reform financial blacklisting rules in Nepal

Average bank lending rate in Nepal falls to 7% in mid-February as excess liquidity pressures interest rates

Average bank lending rate in Nepal falls to 7% in mid-February as excess liquidity pressures interest rates

Fitch says RSP’s victory reduces political risk in Nepal, Reform delivery will shape economic outlook

Fitch says RSP’s victory reduces political risk in Nepal, Reform delivery will shape economic outlook

Nepal’s financial sector lending rises by Rs 221.84 billion as credit demand improves

Nepal’s financial sector lending rises by Rs 221.84 billion as credit demand improves

Nepal’s current account surplus nearly triples amid strong remittance inflows

Nepal’s current account surplus nearly triples amid strong remittance inflows

Remittance boom and record forex reserves stabilize Nepal’s economy despite trade deficit

Remittance boom and record forex reserves stabilize Nepal’s economy despite trade deficit

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