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

FinMin urges customs offices to focus on meeting revenue collection target

CEO Tab by CEO Tab
February 12, 2024
in Prime News
0
“Budget priorities increase in capital expenditures”
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Finance Minister Dr Prakash Sharan Mahat visited the Mechi Customs Office, Kakarvita, Bhadrapur Customs Office and the Inland Revenue Office, Bhadrapur in Jhapa.

You might also like

Bankers Seek Regulatory Reforms to Generate Income from Non-Banking Assets

Remittance Outflows Rise 12 Percent to Rs 9.75 Billion in First 10 Months of FY 2025/26

Government Faces Uphill Task of Meeting Annual Revenue Target with Just 19 Days Remaining

 The Minister who had been here to attend an inaugural session of the 15-day fifth Damak Festival organised by the Damak Chamber of Commerce and Industry,  the Minister inspected the offices and held interactions with the local business communities.

Talking to media following the inspection, the Minister instructed the customs offices to focus on meeting the monthly revenue targets.

The Minister also insisted on combined efforts among the customs offices, Nepal Police, Armed Police Force and the Revenue Office to control cross-border smuggling of goods.  As he said, the nation’s income depends on the size of revenue collection. “The nation’s income will reduce if the revenue collection decreases and a fall in the revenue collection will hamper the government’s investment in education, health and other public service sectors,” he said, urging one and all to contribute to preventing the revenue leakage.

At the programme held at the Mechi Customs Office, the Minister said the significance of the office will further increase with the expansion of the Asian Highway.

Office’s customs officer, Ram Prasad Regmi, apprised the Minister about a declining trend of revenue collection. As he said, the Kakarvitta point is not a priority of the government though it serves as one of major transits along the Nepal-India border.

During the minister’s visit to Bhadrapur Customs Office, Bhadrapur municipality mayor Ganesh Pokhrel and the business community urged the Minister to give attention to the improvement of office’s physical infrastructure of the and provide budget to compensate to those whose land was acquired for the official use by it.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Bankers Seek Regulatory Reforms to Generate Income from Non-Banking Assets

by CEO Tab
June 28, 2026
0
Bankers Seek Regulatory Reforms to Generate Income from Non-Banking Assets

Nepal's commercial banks have urged Nepal Rastra Bank (NRB) to introduce regulatory reforms allowing banks and financial institutions (BFIs) to lease or rent out non-banking assets (NBAs), arguing...

Read more

Remittance Outflows Rise 12 Percent to Rs 9.75 Billion in First 10 Months of FY 2025/26

by CEO Tab
June 28, 2026
0
Remittance Outflows Rise 12 Percent to Rs 9.75 Billion in First 10 Months of FY 2025/26

Remittance outflows from Nepal increased by 12 percent during the first 10 months of the current fiscal year, reflecting the growing number of foreign nationals employed in the...

Read more

Government Faces Uphill Task of Meeting Annual Revenue Target with Just 19 Days Remaining

by CEO Tab
June 28, 2026
0
Government Faces Uphill Task of Meeting Annual Revenue Target with Just 19 Days Remaining

With fewer than three weeks left before the end of the current fiscal year, the government is under mounting fiscal pressure as it seeks to collect nearly one-fourth...

Read more

Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

by CEO Tab
June 26, 2026
0
Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

Once dependent on electricity imports from India to meet its domestic demand, Nepal is rapidly transforming into an emerging energy exporter in South Asia. With the onset of...

Read more

Authorities Intensify Investigation into High-Value Stock Brokerage Firms

by CEO Tab
June 26, 2026
0
Authorities Intensify Investigation into High-Value Stock Brokerage Firms

Kathmandu, June 26: The Department of Money Laundering Investigation (DoMLI) and the Central Investigation Bureau (CIB) of Nepal Police have intensified investigations into stock brokerage firms handling average...

Read more
Next Post
Finance_Ministry

Govt downsizes budget for current FY by 12.62 percent to Rs 1.530 trillion

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.