Government Unwilling to Remove Double Taxation in Income Tax Act
The government seems unwilling to address the issue of double taxation being imposed through Sections 57 and 95(Kha) of the Income Tax Act.…
SEBON Warns 11 Brokerage Companies
The Securities Board of Nepal (SEBON) has issued a warning to 11 securities brokerage companies for failing to submit their semi-annual…
Nepal Launches Its First Green Bond Worth Rs. 5 Billion
Nepal is stepping into a new era of sustainable finance. For the very first time, the country is introducing a Green Bond, a financial tool…
Nepal Government Launches “Shram Sansar” Portal on International Labor Day
On the occasion of International Workers’ Day, the Government of Nepal officially launched the ‘Shram Sansar’ portal. The platform was…
Nepal Rastra Bank Takes Action Against Five Commercial Banks
Nepal Rastra Bank (NRB) has taken regulatory action against five commercial banks for violating banking rules during the third quarter of the…
Types of Banks in Nepal
A bank is a financial institution that accepts deposits from the public, provides loans, and offers various financial services like savings…
Decrease in EPS of Commercial Banks in Q3 of the Current Fiscal Year
Recently, 20 commercial banks in Nepal shared their financial reports for the third quarter of the current fiscal year. The data shows that 10…
Nepal Makes MRP Labels Mandatory to Stop Overpricing
The Nepalese government, through the Consumer Protection Department under the Ministry of Industry, Commerce, and Supplies, has made rule for…
Nepal Rastra Bank Governor Appointment Faces Delays as Committee Member Resigns
The process of appointing a new Governor for Nepal Rastra Bank (NRB) i.e Central Bank has been delayed after a key member of the selection…
Nepal’s Commercial Banks Interest Rates for Baisakh 2082 | Updated
Commercial banks have announced their updated interest rates for the month of Baisakh 2082, revealing a mix of rate cuts, hikes, and unchanged…