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36 Entrepreneurs, Firms To Be Recognized With CIP Honour
1 min 47 sec to read
--By TC Correspondent
The government will soon be honouring three dozen entrepreneurs and business persons as Commercially Important Person (CIP) for their contribution to the economy and commercial sector. A meeting of the Technical Committee of the Trade and Export Promotion Centre (TEPC) on January 1 decided to recommend the names of 36 exporters, importers, investors, employers and entrepreneurs to the Ministry of Commerce and Supplies (MoCS) in order to recognize them with the CIP hounour within the month of January. According to TEPC Executive Director Ishwari Prasad Ghimire, a minister level decision will be taken at the earliest possible to honour the industrialists and entrepreneurs.
According to the Guidelines for the CIP honour, entrepreneurs and companies with controversial background will not be awarded with the honour. It is because of this provision that the list of the entrepreneurs and firms to be hounoured was pending at the In-land Revenue Department (IRD|) for a long time for investigation. “That’s why it took a long time to finalise the list,” a source said. Now the IRD has given its go-ahead, it is learnt. There are eight categories of the entrepreneurs and companies to be awarded the CIP honour - 13 Nepali exporters, nine foreign importers of Nepali goods, eight business chambers and commodities associations, two from the tourism sector, one highest taxpayer, one highest employment creator, one highest investor in manufacturing sector, and one from the remittance sector. Those awarded with the CIP honour will get high priority to meet the Prime Minister and ministers. Similarly they will get VIP privileges at the Tribhuvan International Airport. Foreigners who will get the award will get on-arrival visas of 15 to 90 days.
According to the provisions of the guidelines, the government will not award CIP to any person or business blacklisted by any government authority; blacklisted by Credit Information Bureau as a defaulter of any bank or financial institution; of bad moral and convicted by the court; convicted of corruption and financial irregularities and tax defaulter till the previous year.
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<strong>--By TC Correspondent</strong></div>
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The government will soon be honouring three dozen entrepreneurs and business persons as Commercially Important Person (CIP) for their contribution to the economy and commercial sector. A meeting of the Technical Committee of the Trade and Export Promotion Centre (TEPC) on January 1 decided to recommend the names of 36 exporters, importers, investors, employers and entrepreneurs to the Ministry of Commerce and Supplies (MoCS) in order to recognize them with the CIP hounour within the month of January. According to TEPC Executive Director Ishwari Prasad Ghimire, a minister level decision will be taken at the earliest possible to honour the industrialists and entrepreneurs.</div>
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According to the Guidelines for the CIP honour, entrepreneurs and companies with controversial background will not be awarded with the honour. It is because of this provision that the list of the entrepreneurs and firms to be hounoured was pending at the In-land Revenue Department (IRD|) for a long time for investigation. “That’s why it took a long time to finalise the list,” a source said. Now the IRD has given its go-ahead, it is learnt. There are eight categories of the entrepreneurs and companies to be awarded the CIP honour - 13 Nepali exporters, nine foreign importers of Nepali goods, eight business chambers and commodities associations, two from the tourism sector, one highest taxpayer, one highest employment creator, one highest investor in manufacturing sector, and one from the remittance sector. Those awarded with the CIP honour will get high priority to meet the Prime Minister and ministers. Similarly they will get VIP privileges at the Tribhuvan International Airport. Foreigners who will get the award will get on-arrival visas of 15 to 90 days. </div>
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According to the provisions of the guidelines, the government will not award CIP to any person or business blacklisted by any government authority; blacklisted by Credit Information Bureau as a defaulter of any bank or financial institution; of bad moral and convicted by the court; convicted of corruption and financial irregularities and tax defaulter till the previous year. </div>',
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<strong>--By TC Correspondent</strong></div>
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The government will soon be honouring three dozen entrepreneurs and business persons as Commercially Important Person (CIP) for their contribution to the economy and commercial sector. A meeting of the Technical Committee of the Trade and Export Promotion Centre (TEPC) on January 1 decided to recommend the names of 36 exporters, importers, investors, employers and entrepreneurs to the Ministry of Commerce and Supplies (MoCS) in order to recognize them with the CIP hounour within the month of January. According to TEPC Executive Director Ishwari Prasad Ghimire, a minister level decision will be taken at the earliest possible to honour the industrialists and entrepreneurs.</div>
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According to the Guidelines for the CIP honour, entrepreneurs and companies with controversial background will not be awarded with the honour. It is because of this provision that the list of the entrepreneurs and firms to be hounoured was pending at the In-land Revenue Department (IRD|) for a long time for investigation. “That’s why it took a long time to finalise the list,” a source said. Now the IRD has given its go-ahead, it is learnt. There are eight categories of the entrepreneurs and companies to be awarded the CIP honour - 13 Nepali exporters, nine foreign importers of Nepali goods, eight business chambers and commodities associations, two from the tourism sector, one highest taxpayer, one highest employment creator, one highest investor in manufacturing sector, and one from the remittance sector. Those awarded with the CIP honour will get high priority to meet the Prime Minister and ministers. Similarly they will get VIP privileges at the Tribhuvan International Airport. Foreigners who will get the award will get on-arrival visas of 15 to 90 days. </div>
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