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Outstanding taxpayers felicitated

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Outstanding taxpayers felicitated
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November 17: The Inland Revenue Department (IRD) on Tuesday felicitated outstanding tax-payers, both individuals and companies, on the occasion of the Tax Day. Finance Minister Bishnu Paudel awarded letter of appreciation to the outstanding tax-payers amidst a programme in the capital. Individual taxpayers as well as companies were felicitated based on the tax they paid in the last fiscal year.

Cell phone giant Ncell was felicitated as the highest taxpayer based on the amount of tax it paid in FY 2014/15. The company has been consistently receiving this award for the past few years. Similarly, government-owned Nepal Telecom has been awarded as the highest VAT payer in the last FY.

Renowned neurosurgeon Dr. Upendra Devkota was felicitated as the highest tax-payer among individuals. Also, Pragun Rajbhandari of Himalayan Distillery and Jaya Shah were felicitated for being the highest income tax payer among males and females, respectively.

More than 50 companies were felicitated as being outstanding taxpayers. Pashupati Trade Link was felicitated as the highest taxpayer among proprietorship companies. Similarly Surya Nepal was felicitated for paying the highest amount of excise duty. Likewise, Dabur Nepal among export-oriented companies, Buddha Air among airlines, Hotel Soaltee among hotels and IME among remittance companies were also felicitated for being the highest taxpayer in their categories.         

Kathmandu Medical college for paying the highest service tax, Om Hospital among health institutions, Aerotic Pvt Ltd among industries, CG Foods among agricultural industries, Deurali Janta among pharmaceuticals, Life Insurance Corporation among insurance companies, Nabil Bank among commercial banks, NIDC among development banks, Narayani National Finance among finance companies, Swawalamban Bkiash Bank among micr-finance companies and Rastriya Sahakari Bank among cooperatives were also felicitated.

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