Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]Code Context$user = $this->Session->read('Auth.User');//find the group of logged user$groupId = $user['Group']['id'];$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp' $dataForView = array( 'article' => array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( [maximum depth reached] ) ), 'Slider' => array() ), 'current_user' => null, 'logged_in' => false ) $article = array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( 'article_id' => '12132', 'hit' => '1014' ) ), 'Slider' => array() ) $current_user = null $logged_in = false $image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200621055216_revenue.jpg' $user = nullinclude - APP/View/Articles/view.ctp, line 115 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]Code Context$user = $this->Session->read('Auth.User');//find the group of logged user$groupId = $user['Group']['id'];$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp' $dataForView = array( 'article' => array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( [maximum depth reached] ) ), 'Slider' => array() ), 'current_user' => null, 'logged_in' => false ) $article = array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( 'article_id' => '12132', 'hit' => '1014' ) ), 'Slider' => array() ) $current_user = null $logged_in = false $image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20200621055216_revenue.jpg' $user = nullinclude - APP/View/Articles/view.ctp, line 115 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]Code Context//find the group of logged user$groupId = $user['Group']['id'];$user_id=$user["id"];$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp' $dataForView = array( 'article' => array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. 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According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. 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', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. 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According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. 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', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. 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According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. 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', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. 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', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. 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According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. 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', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( 'article_id' => '12132', 'hit' => '1014' ) ), 'Slider' => array() ) $current_user = null $logged_in = false $xml = falseinclude - 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
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]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'article' => array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( [maximum depth reached] ) ), 'Slider' => array() ), 'current_user' => null, 'logged_in' => false ) $article = array( 'Article' => array( 'id' => '12132', 'article_category_id' => '1', 'title' => 'Rs 5.50 Billion Revenue collected in 6 days', 'sub_title' => '', 'summary' => 'While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. ', 'content' => '<h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">June 21: While the government is struggling to meet current expenditure due to the difficulties created by the Covid-19 pandemic, the collection of revenue has started to improve as soon as the banks and financial institutions (BFIs) and business houses have started clearing their tax dues. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to Jhalak Ram Adhikari, chief tax administrator at Large Taxpayers Office (LTO), a total of Rs 5.50 billion has been collected in the last six days from 234 taxpayers. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“We have observed that taxpayers are coming spontaneously to pay taxes with the intention of helping the state at a time of crisis,” he said. According to him, the number of BFIs, private and public sector institutions coming to submit their revenue has increased over the last few days. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Officials at the Inland Revenue Department (IRD) have also said that the enthusiasm of the taxpayers is increasing. Deputy Director General of the department Mukti Prasad Pandey said the number of payments in VAT, second installment of estimated income tax and advance tax is on the rise. According to him, Rs 9.21 billion revenue has been collected till June 19.”About Rs 50 billion has been collected during the period from March 24 to June 20,” he informed. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Nepal Bankers’ Association (NBA), the organization of chief executive officers of commercial banks, had recently urged banks to clear their tax dues. Bhuvan Dahal, president of NBA said that the meeting held last Wednesday had agreed to pay taxes. He informed that that commercial banks will clear all kinds of their tax dues by today. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It was not possible to pay taxes due to the lockdown and it seems the government is in trouble in terms of revenue collection. Therefore, we are paying taxes on time,” he said. The government has been distressed after the Supreme Court ordered to collect taxes only after 30 days of lifting the lockdown. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Even though the lockdown has eased, there still is not favorable environment for the private sector companies to pay taxes. According to the industrialists, the three-month long lockdown has crippled the business sector and it will take some time for companies to pay taxes smoothly. Shekhar Golchha, senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said that the order of the court has given relief to the people. </span></span></span></h2> <h2><span style="font-size:22px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">“It is the responsibility of citizens to pay the revenue. The order of the Supreme Court has made us somewhat comfortable in difficult situations. But, I request businesspersons who can pay taxes to help the government in this difficult time,” he mentioned. He believes that the government should listen to the problems of the industrialists who are unable to pay taxes immediately and resolve the crisis through cooperation. </span></span></span></h2> <h2> </h2> ', 'published' => true, 'created' => '2020-06-21', 'modified' => '2020-06-21', 'keywords' => '', 'description' => '', 'sortorder' => '11880', 'image' => '20200621055216_revenue.jpg', 'article_date' => '2020-06-21 17:51:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '31' ), 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ), 'User' => array( 'password' => '*****', 'id' => '31', 'user_detail_id' => '1', 'group_id' => '1', 'username' => 'ssharma@newbusinessage.com', 'name' => null, 'email' => 'ssharma@newbusinessage.com', 'address' => null, 'gender' => null, 'access' => '1', 'phone' => null, 'access_type' => null, 'activated' => true, 'sortorder' => null, 'published' => null, 'created' => '2020-05-18 17:22:36', 'last_login' => '2020-08-04 21:55:15', 'ip' => '202.51.88.118' ), 'ArticleComment' => array(), 'ArticleFeature' => array(), 'ArticleHasAuthor' => array(), 'ArticleHasTag' => array(), 'ArticleView' => array( (int) 0 => array( 'article_id' => '12132', 'hit' => '1014' ) ), 'Slider' => array() ) $current_user = null $logged_in = false $xml = falsesimplexml_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
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
