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103 local bodies fail to present budgets two months into fiscal year

KATHMANDU: Two months into the fiscal year 2024-25, 103 out of 753 local bodies in Nepal have yet to present their budgets, despite the legal requirement to do so by June 25, according to the Intergovernmental Fiscal Arrangement Act 2017. The act mandates that local bodies submit their budgets...

103 local bodies fail to present budgets two months into fiscal year
Domestic Airlines raise ticket prices for Dashain festival, fares increase by up to Rs 5,400

Domestic Airlines raise ticket prices for Dashain festival, fares increase by up to Rs 5,400

Finance Minister Poudel pledges to strengthen domestic resource mobilization

Finance Minister Poudel pledges to strengthen domestic resource mobilization

NRB’s data shows increase in loan demand, banking sector optimistic

NRB’s data shows increase in loan demand, banking sector optimistic

PM Oli: Government ready to create favorable environment for private sector investment

PM Oli: Government ready to create favorable environment for private sector investment

Nepal introduces inland revenue mobilization strategy 2024

Nepal introduces inland revenue mobilization strategy 2024

Nepal Rastra Bank to mop additional Rs 40 billion for liquidity management

Nepal Rastra Bank to mop additional Rs 40 billion for liquidity management

Fitch Credit Rating team arrives in Nepal for sovereign credit rating assessment, key to boosting foreign investment

Fitch Credit Rating team arrives in Nepal for sovereign credit rating assessment, key to boosting foreign investment

Nepal bans stock trading in government offices nationwide

Nepal bans stock trading in government offices nationwide

Bangladesh’s interim leader supports resumption of 40 MW electricity import from Nepal

Bangladesh’s interim leader supports resumption of 40 MW electricity import from Nepal

New Law: government to handle all check bounce cases, jail terms increased

New Law: government to handle all check bounce cases, jail terms increased

Consumers to receive 10% VAT refund on electronic payments at restaurants, bars, and hotels

Consumers to receive 10% VAT refund on electronic payments at restaurants, bars, and hotels

Nepal begins electricity exports to Bihar, India for the first time

Nepal begins electricity exports to Bihar, India for the first time

Chilime–Trishuli 220 kV transmission line nearing completion after multiple delays

Chilime–Trishuli 220 kV transmission line nearing completion after multiple delays

Nepal Airlines faces massive losses as delays in wide-body aircraft maintenance worsen

Nepal Airlines faces massive losses as delays in wide-body aircraft maintenance worsen

Government faces pressure due to revenue shortfall, raises NPR 60 billion in internal loans

Government faces pressure due to revenue shortfall, raises NPR 60 billion in internal loans

NTGC projects Rs 910 billion investment to support 28,500 MW electricity by 2040

NTGC projects Rs 910 billion investment to support 28,500 MW electricity by 2040

Preliminary report submitted on the Saurya Airlines crash investigation

Preliminary report submitted on the Saurya Airlines crash investigation

IPPAN urges energy ministry to fulfill demands of flood-affected hydropower projects or admit inability

IPPAN urges energy ministry to fulfill demands of flood-affected hydropower projects or admit inability

Government taskforce mandates insurance for microfinance projects to address loan repayment issues

Government taskforce mandates insurance for microfinance projects to address loan repayment issues

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