Tag Archives: #financeminister

Deposit interest rates should be lowered to 6%

By Karuna Thapa Kathmandu, March 14 The Morang Trade Association has called on the government to lower the interest rate on bank deposits to at least 6%. The demand was made while handing over a memorandum to Finance Minister Janardan Sharma, who arrived in Biratnagar, Province No. 1’s capital, on Sunday. While banking interest rates on deposits have reached a …

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Import margins to address economic challenges: Finance Minister

By Karuna Thapa Kathmandu, March 13 The import margin has been provided, according to Finance Minister Janardhan Sharma (Prabhakar), to address the economy’s issues. Finance Minister Sharma, speaking at a seminar on Customs Management held at the Customs Department in Tripureshwor on Sunday, urged that the objective be met by working hard, despite the fact that the restriction of imports …

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Karnali Finance Minister’s assets include no real estate and 1.3 million in debts

By Karuna Thapa Kathmandu, March 7 Bindaman Bista, the Minister for Economic Affairs and Planning made his assets public on Sunday. Finance Minister Bista, according to public numbers, appears to be in worse shape than other ministers. He possesses five tolas of gold purchased from his own income for 150,000 at various periods in Surkhet Barahatal Village Municipality-1. Minister Bista …

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Shares are traded through a system called setting: Finance Minister

By Karuna Thapa Kathmandu, March 2 According to Finance Minister Janardhan Sharma, transactions are taking place in the Nepalese stock markets through setup. Finance Minister Sharma said this at a press conference with the heads of Securities Board and the Nepal Stock Exchange on Wednesday. He claims that this has been shown in several research and papers. Finance Minister Sharma …

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In one month, electronic means generated $7.4 billion in customs revenue.

By Karuna Thapa Kathmandu, February 20 In a month, the customs department received Rs 7.4 billion in e-payment revenue. In the dry port of Birgunj, revenue collection by e-payment began in December 2021. On January 26, Finance Minister Janardan Sharma launched an e-payment system in all customs offices around the country. In collaboration with Nepal Clearing House and several banks …

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