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

NTA directs 16 ISPs to fulfill royalty obligations

CEO Tab by CEO Tab
August 11, 2023
in Prime News
0
NTA and 257 local levels sign MoU for internet service
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Nepal Telecommunications Authority (NTA) has issued a directive to 16 internet service providers (ISPs), urging them to fulfill their royalty obligations as stipulated by the regulatory framework.

You might also like

Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

In an official notice issued on Thursday, the NTA underlined its instruction to the 16 ISPs companies that hold operational licenses, mandating an immediate payment of four percent of their total income as a part of telecommunication services operation fees. Additionally, the ISPs are required to contribute two percent towards the rural telecommunication development fund and an additional six percent in the form of royalty.

Originally scheduled for payment in the second week of January 2023, the royalty amount was intended to support various telecommunication initiatives and infrastructural enhancements. However, despite the initial deadline, these companies have not complied with the NTA’s directive. As a result, the NTA issued a renewed notice on Thursday, reiterating its call for the companies to fulfill their financial obligations without further delay.

In light of the non-compliance, the NTA has sternly warned of taking stringent measures if the service providers fail to meet their obligations in a timely manner.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

by CEO Tab
June 19, 2026
0
Government Unveils 10-Point Action Plan to Strengthen Cooperative Sector Oversight

The Ministry of Land Management, Cooperatives, Federal Affairs and General Administration has introduced a 10-point action plan aimed at addressing problems, irregularities, and the growing number of complaints...

Read more

Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

by CEO Tab
June 19, 2026
0
Strong External Indicators Contrast with Weak Domestic Economy, Says NRB Report

Nepal's latest macroeconomic report presents a mixed picture, showing strong performance in external sector indicators while revealing continued weakness in the country's domestic economy. According to the Current...

Read more

Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

by CEO Tab
June 19, 2026
0
Budget Prioritizes Recurrent Spending Over Development Despite Strong Government Mandate

Despite enjoying the support of nearly two-thirds of Parliament, the government has presented a budget for fiscal year 2026/27 that reduces the share of capital expenditure, raising concerns...

Read more

House of Representatives Passes Appropriation Bill by Majority

by CEO Tab
June 19, 2026
0
House of Representatives Passes Appropriation Bill by Majority

The House of Representatives on Thursday passed the Appropriation Bill by a majority vote, endorsing the budget for the upcoming fiscal year unveiled by the government on May...

Read more

Nepal’s Public Debt Climbs to Rs 2.96 Trillion, Reaching 44.87% of GDP

by CEO Tab
June 18, 2026
0
Nepal’s Public Debt Climbs to Rs 2.96 Trillion, Reaching 44.87% of GDP

Nepal’s total public debt has reached Rs 2.961 trillion during the first 11 months of the current fiscal year 2025/26, equivalent to 44.87 percent of the country’s gross...

Read more
Next Post
Sebon mulls over licensing a new stock exchange company

Sebon to revise threshold of brokerage commission

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.