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Govt Refunds Over Rs 4 Billion in Taxes in a Year, Major Concessions to Diplomatic Missions and Projects

KATHMANDU: The government refunded more than Rs 4 billion in taxes in a single fiscal year, with significant amounts returned to diplomatic missions, diplomats, international agencies, exporters, and project-based taxpayers. According to the Inland Revenue Department (IRD), during fiscal year 2081/82 (2024/25), diplomatic missions, diplomats, and various diplomatic agencies...

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