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September 4: The Finance Committee of the House of Representatives has reduced the fine and punishment proposed by the Revenue Leakage Bill presented by the government in the lower house.
A meeting of the committee on Tuesday decided to reduce the fine and punishment after holding clause-wise discussion regarding the proposals in the bill.
The bill presented by the government has proposed recovering the embezzled amount or imposing either equal or double amount of fine in case anyone is found guilty of being involved in revenue fraud causing loss to the state coffers.
However, the parliamentary committee has removed the provision of double fine and agreed to only the equal amount of fine as that of the misappropriated amount.
Chairman of the Finance Committee Krishna Prasad Dahal said that the committee decided to reduce the fine and punishment after holding discussions with the government and the private sector.
He confirmed that the bill has been endorsed by the committee and will be presented to the full House soon for approval.
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A meeting of the committee on Tuesday decided to reduce the fine and punishment after holding clause-wise discussion regarding the proposals in the bill.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The bill presented by the government has proposed recovering the embezzled amount or imposing either equal or double amount of fine in case anyone is found guilty of being involved in revenue fraud causing loss to the state coffers.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Chairman of the Finance Committee Krishna Prasad Dahal said that the committee decided to reduce the fine and punishment after holding discussions with the government and the private sector.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The bill presented by the government has proposed recovering the embezzled amount or imposing either equal or double amount of fine in case anyone is found guilty of being involved in revenue fraud causing loss to the state coffers.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Chairman of the Finance Committee Krishna Prasad Dahal said that the committee decided to reduce the fine and punishment after holding discussions with the government and the private sector.</span></span></p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A meeting of the committee on Tuesday decided to reduce the fine and punishment after holding clause-wise discussion regarding the proposals in the bill.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The bill presented by the government has proposed recovering the embezzled amount or imposing either equal or double amount of fine in case anyone is found guilty of being involved in revenue fraud causing loss to the state coffers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">However, the parliamentary committee has removed the provision of double fine and agreed to only the equal amount of fine as that of the misappropriated amount.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Chairman of the Finance Committee Krishna Prasad Dahal said that the committee decided to reduce the fine and punishment after holding discussions with the government and the private sector.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He confirmed that the bill has been endorsed by the committee and will be presented to the full House soon for approval.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A meeting of the committee on Tuesday decided to reduce the fine and punishment after holding clause-wise discussion regarding the proposals in the bill.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The bill presented by the government has proposed recovering the embezzled amount or imposing either equal or double amount of fine in case anyone is found guilty of being involved in revenue fraud causing loss to the state coffers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">However, the parliamentary committee has removed the provision of double fine and agreed to only the equal amount of fine as that of the misappropriated amount.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Chairman of the Finance Committee Krishna Prasad Dahal said that the committee decided to reduce the fine and punishment after holding discussions with the government and the private sector.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He confirmed that the bill has been endorsed by the committee and will be presented to the full House soon for approval.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
