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

Food Management and Trading Company reluctant in paying tax

CEO Tab by CEO Tab
February 1, 2022
in Prime News
0
Food Management and Trading Company reluctant in paying tax
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Food Management and Trading Company Limited has built physical structures along the Tukuchakhola in the Capital City breaching the government code but not paying the land and house tax to the Kathmandu Metropolitan City (KMC).

You might also like

Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

Chairman of KMC-11 Hiralal Tandukar said the Company has not paid land and house tax for leasing seven ropanis of land of Plot No. 2395.

The Company had issued a public notice some five years ago to rent the land and 20 plus companies had applied for the tender bidding.

Of them, the Funland Entertainment Pvt Ltd was awarded the contract on April 20, 2017, to lease the land at Rs 1.05 million per month for the highest bidding, Company’s Information Officer Sarmila Neupane Subedi said. The Company has not paid the tax despite renting the house.

Tandukar said that the Chief Executive Officer and other officials of the Company were asked to pay the tax prior to selling the land plot to the Metropolitan Police Range. “But, they settled the issue without paying taxes. However, the ward office has received Rs 600,000 in tax for a recommendation of the road access,” Tandukar said.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

by CEO Tab
November 6, 2026
0
Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

The Ministry of Energy, Water Resources and Irrigation is preparing to resume long-suspended power purchase agreements (PPAs) immediately after the Tihar holidays, prioritizing projects with government investment and...

Read more

Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

by CEO Tab
November 6, 2026
0
Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

Finance Minister Dr Swarnim Wagle has estimated that Nepal will need $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. Addressing...

Read more

Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

by CEO Tab
November 6, 2026
0
Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

The federal government’s arrears increased by 15.6 percent to Rs 10.68 billion in FY 2025/26, up from Rs 9.24 billion in the previous fiscal year, according to the...

Read more

Nepal Seeks Faster Hydropower Projects and Expanded Energy Cooperation with India

by CEO Tab
November 6, 2026
0
Nepal Seeks Faster Hydropower Projects and Expanded Energy Cooperation with India

Nepal has urged India to accelerate major hydropower projects, expand electricity exports and increase private-sector investment in the energy sector. Energy Minister Biraj Bhakta Shrestha raised the issues...

Read more

Nepal Stock Market Falls 12.95 Points as Trading Turnover Declines

by CEO Tab
November 5, 2026
0
Nepal Stock Market Falls 12.95 Points as Trading Turnover Declines

Nepal’s stock market fell 12.95 points on Thursday, with both the benchmark index and trading turnover declining. Total transactions amounted to Rs 4.72 billion, down from Rs 7...

Read more
Next Post
Finance_Ministry

Government to accept $150 million concessional loans from WB

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.