Minister for Finance Gyanendra Bahadur Karki

Minister for Finance Gyanendra Bahadur Karki – Reporters Nepal https://nepalireporter.com Impart Educate Propel Sat, 23 Sep 2017 08:10:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.6 https://nepalireporter.com/wp-content/uploads/2023/01/cropped-RN_Logo-32x32.png Minister for Finance Gyanendra Bahadur Karki – Reporters Nepal https://nepalireporter.com 32 32 Country to be prosperous after completion of all elections: Minister Karki https://nepalireporter.com/2017/09/40773 https://nepalireporter.com/2017/09/40773#respond Sat, 23 Sep 2017 08:10:58 +0000 http://nepalireporter.com/?p=40773 Finance Minister Gyanendra Bahadur Karki

Finance Minister Gyanendra Bahadur Karki

Minister for Finance Gyanendra Bahadur Karki has said that the country would become prosperous with the full implementation of the constitution. ]]> Finance Minister Gyanendra Bahadur Karki

ITAHARI, Sept 23: Minister for Finance Gyanendra Bahadur Karki has said that the country would become prosperous with the full implementation of the constitution.

In a press meet here Saturday, Minister Karki stressed on unity of all to lead the nation on the way to prosperity.

On a different note, he said that the government was initiating to expedite the construction works of Arun-III hydel Project which was most awaited project in eastern part of the country.

Minister Karki further shared that the developmental campaign would be expedited after the completion of three-tier of elections in the country as local poll has opened the door for the same. RSS

]]> https://nepalireporter.com/2017/09/40773/feed 0 Finance Minister stresses on VAT and income tax mobilization https://nepalireporter.com/2017/06/37430 https://nepalireporter.com/2017/06/37430#respond Thu, 22 Jun 2017 05:59:14 +0000 http://nepalireporter.com/?p=37430

Minister for Finance Gyanendra Bahadur Karki has stressed the importance of mobilizing Value Added Tax and income tax to create a resilient economy.]]>

KATHMANDU, June 22: Minister for Finance Gyanendra Bahadur Karki has stressed the importance of mobilizing Value Added Tax and income tax to create a resilient economy.

At a progress review of revenue collection up to mid-June of the current fiscal year at the Ministry on Wednesday, he said though Nepal has huge potential and opportunity standing in-between two big economies there are also grave challenges to tap development benefits.

He directed the bureaucrats – the permanent government mechanism – to discharge their duties in a dynamic manner.

The Minister said that performance of the employees would be made on the basis of their competence, expertise, efficiency and results aligning the concept of right person right place.

Finance Secretary Shanta Raj Subedi said though the VAT has been the base and main source of revenue mobilization, its implementation has not been effective, which requires more activism to that end.

He directed the employees to increase vigilance on potential areas of revenue risks and settlement of tax arrears.

Financial Comptroller General Rajendra Prasad Nepal said that both revenue collection and capital spending have remained satisfactory this year.

On the occasion, the chiefs of different departments, centres and offices had shared the progress made on augmenting revenue collection and checking revenue collection loopholes. RSS

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