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Confederation of Nepalese Industries (CNI) has demanded with the government to bring out plan to increase Per Capita Income of Nepalis to USD 3000 within 10 years. Hari Bhakta Sharama, vice-chairman of CNI has stated that for this purpose, private sector is ready to cooperate with government. He also suggested joint efforts of the government and private sector in the development and growth of agriculture, tourism and cottage industries. CNI has also asked the government for increasing the level o income that is income tax exempted. It has requested the government to make tax exempt an income upto Rs 400,000 for individuals and Rs 500,000 for families. At present these numbers are Rs 160,000 and Rs 200,000 respectively. <br />
<br />
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<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
Responding to the concerns and suggestions of the businessmen, Finance Minister Shankar Prasad Koirala said the government would not make any change in VAT and income tax threshold in the coming budget.<br />
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<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
Responding to the concerns and suggestions of the businessmen, Finance Minister Shankar Prasad Koirala said the government would not make any change in VAT and income tax threshold in the coming budget.<br />
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<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
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<br />
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<br />
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<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
Responding to the concerns and suggestions of the businessmen, Finance Minister Shankar Prasad Koirala said the government would not make any change in VAT and income tax threshold in the coming budget.<br />
<br />
<br />
<br />
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CNI Demands Plan For Per Capita Income Of USD 3000
53 sec to read
By TC Correspondent
Confederation of Nepalese Industries (CNI) has demanded with the government to bring out plan to increase Per Capita Income of Nepalis to USD 3000 within 10 years. Hari Bhakta Sharama, vice-chairman of CNI has stated that for this purpose, private sector is ready to cooperate with government. He also suggested joint efforts of the government and private sector in the development and growth of agriculture, tourism and cottage industries. CNI has also asked the government for increasing the level o income that is income tax exempted. It has requested the government to make tax exempt an income upto Rs 400,000 for individuals and Rs 500,000 for families. At present these numbers are Rs 160,000 and Rs 200,000 respectively.
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. Responding to the concerns and suggestions of the businessmen, Finance Minister Shankar Prasad Koirala said the government would not make any change in VAT and income tax threshold in the coming budget.
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Confederation of Nepalese Industries (CNI) has demanded with the government to bring out plan to increase Per Capita Income of Nepalis to USD 3000 within 10 years. Hari Bhakta Sharama, vice-chairman of CNI has stated that for this purpose, private sector is ready to cooperate with government. He also suggested joint efforts of the government and private sector in the development and growth of agriculture, tourism and cottage industries. CNI has also asked the government for increasing the level o income that is income tax exempted. It has requested the government to make tax exempt an income upto Rs 400,000 for individuals and Rs 500,000 for families. At present these numbers are Rs 160,000 and Rs 200,000 respectively. <br />
<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
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<br />
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<strong>By TC Correspondent<br />
</strong><br />
<br />
Confederation of Nepalese Industries (CNI) has demanded with the government to bring out plan to increase Per Capita Income of Nepalis to USD 3000 within 10 years. Hari Bhakta Sharama, vice-chairman of CNI has stated that for this purpose, private sector is ready to cooperate with government. He also suggested joint efforts of the government and private sector in the development and growth of agriculture, tourism and cottage industries. CNI has also asked the government for increasing the level o income that is income tax exempted. It has requested the government to make tax exempt an income upto Rs 400,000 for individuals and Rs 500,000 for families. At present these numbers are Rs 160,000 and Rs 200,000 respectively. <br />
<br />
The businessmen have also asked for custom duty revision, VAT reform, financial sector and capital market development. <br />
Responding to the concerns and suggestions of the businessmen, Finance Minister Shankar Prasad Koirala said the government would not make any change in VAT and income tax threshold in the coming budget.<br />
<br />
<br />
<br />
</p>',
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