CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Birgunj’s business community against tax hikes

CEO TAB by CEO TAB
July 30, 2018
in Prime News
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, July 30-Birgunj’s business community launched protest programs on July 29 against the hike in different tax rates by the Birgunj Metropolitan City.
Around three dozen associations of traders and businessmen of Birgunj–the only metropolitan city in Province 2—staged demonstration in major areas of the city by asking for nullifying the decision to increase tax rates.

You might also like

ERC Upholds NEA’s Decision on Dedicated and Trunk Line Tariff Dispute

Nepal’s Economy Shows Signs of Stabilization in Q1 Amid Strong External Sector: NRB

Nepal’s Inflation Drops Sharply to 1.67% in First Quarter of FY 2025/26

They also submitted a memorandum to Mayor of Birgunj Metropolitan City, Bijaya Saraogi, urging for immediate nullification of the decision to increase existing tax rates and impose new taxes. Birgunj Chamber of Commerce and Industry (BCCI) had organized a press conference on July 28 to announce the protest programs.

The metropolitan has increased taxes by a massive 20 times. It has not only levied tax on the buying and selling of scrap materials but also increases tax on the transactions of land and property. Similarly, it has imposed a new tax on the import of petroleum products via the city.
A major chunk of petroleum products imported to Nepal from India comes through Birgunj Customs Office

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

ERC Upholds NEA’s Decision on Dedicated and Trunk Line Tariff Dispute

by Nribesh Kumar Nepal
November 17, 2025
0
NEA invites hydropower promoters for PPA

The Electricity Regulatory Commission (ERC) has upheld the Nepal Electricity Authority’s (NEA) decision to collect outstanding dues related to ‘dedicated’ and ‘trunk line’ electricity tariffs from two industrial...

Read more

Nepal’s Economy Shows Signs of Stabilization in Q1 Amid Strong External Sector: NRB

by Nribesh Kumar Nepal
November 17, 2025
0
NRB removes margin lending of Rs 120 million

Nepal’s economy is gradually stabilizing, with major macroeconomic indicators demonstrating encouraging progress in the first quarter of the current fiscal year, according to the Nepal Rastra Bank (NRB)....

Read more

Nepal’s Inflation Drops Sharply to 1.67% in First Quarter of FY 2025/26

by Nribesh Kumar Nepal
November 17, 2025
0
Consumer Price Inflation (CPI) remains at 8.64 percent: NRB

Nepal’s inflation rate fell significantly in the first quarter of the current fiscal year, with average inflation standing at 1.67 percent, a sharp decline from 4.26 percent recorded...

Read more

BFIs Issue Rs 144.95 Billion in Loans Against Shares by Mid-October

by Nribesh Kumar Nepal
November 17, 2025
0
Loans from BFIs to private sector increases by Rs 192.64 billion till mid-January

Banks and financial institutions (BFIs) in Nepal have issued loans worth Rs 144.95 billion against shares as of mid-October this year. According to a report released by the...

Read more

Nepal Receives $9.4 Million from World Bank for Cutting 1.88 Million Tons of Carbon Emissions

by Nribesh Kumar Nepal
November 17, 2025
0
World Bank projects Nepal’s GDP growth 1.9% in 2023, 3.9% in 2024

Nepal has received $9.4 million (approximately Rs 1.19 billion) from the World Bank’s Forest Carbon Partnership Facility (FCPF) for successfully reducing about 1.88 million tons of carbon dioxide...

Read more
Next Post

China to assist Nepal’s socio-economic endeavours

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.