Gandaki State to widen tax ambit

TaxKATHMANDU.
Minister for Economic Affairs and Planning of Gandaki State Kiran Gurung has said that tax ambit would be widened in the State to ensure internal income growth.

In the budget announced yesterday, the Gandaki State has targeted to collect Rs 4.6 billion plus in revenue At a meet the press today organized by Economic Affairs and Planning Ministry regarding the State’s budget for the upcoming fiscal year, Gurung stated that those running businesses should register their firms in the government bodies. “The business firms must be registered in the state’s bodies. The state should be informed about the income source of every individual. It is the every citizen’s responsibility to pay tax to the state after making income,” the Economic Minister said. 

On the occasion, Gurung shared that despite the target of Rs 3.25 billion in revenue for the current fiscal year, the State government collected 60 per cent of the revenue target so far adding that it was affected due to the ongoing lockdown order.
Published Date : June 16, 2020

recent

Popular Posts

© Shubham Media Pvt. Ltd. All Rights Reserved 2020. Our Team | Disclaimer | Advertise With Us | Privacy Maintained By : Eservices Nepal