Priority on building national capital: Minister Khatiwada

Kathmandu, July 22: Finance Minister Dr Yuba Raj Khatiwada has said the incumbent government has put the priority on building national capital and urged the private sector to assist in this regard. The government has accorded high priority to building infrastructures for industries, he said in a meeting with a delegation from the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) at his workplace in Singha Durbar held on Sunday, July 21.

He also urged entrepreneurs to maintain clarity, impartiality and discipline. There is no alternative to implementing social security scheme, PAN registration and imposition of value-added tax, he said. Withdrawing VAT on diesel is impossible, he said while pledging to book tax evaders and address genuine demands of industrialists and entrepreneurs.

Likewise, FNCCI senior vice president, Chandra Prasad Dhakal informed that a Cabinet meeting decided to form a five-member task force to address concerns of industrialists and entrepreneurs. The taskforce comprises two representatives each from the Finance Ministry and the FNCCI and an expert in the related field.