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Supportive Tax System for Industrialisation: CNI

Second series of CNI discussion

  1 min 41 sec to read
Supportive Tax System for Industrialisation: CNI
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July 6: Confederation of Nepalese Industries (CNI) has concluded the second series of CNI discussion on July 5.  Sisir Kumar Dhungana, General Director of Custom Department and Chudamani Sharma, General Director of Internal Revenue Department were presented in the program.  Discussions on custom and revenue related contemporary issues were carried out in the program. In the discussion, entrepreneurs affiliated to CNI grabbed the attention of General Directors towards the present problem of tax system and administration problems along with their effect on industrial sectors.

Speaking at the program, Chudamani Sharma, General Director of Internal Revenue Department said that such discussion program is helpful in analyzing the problems and complaints of entrepreneurs and in pursuing the solution for it. He also expected CNI of continuing the discussion and interaction program on contemporary issues with the experts of related sectors, stakeholder and government officials in upcoming days.

The directors informing that the topics discussed is taken in a positive way, made a commitment to make an initiation from their respective sectors to resolve the complaints of entrepreneurs. Speaking at the program, Hari Bhakta Sharma, Chairman of CNI explained that implementation of appropriate tax system will help to expand the country's industrialization, GDP growth and employment opportunities.

General Director of the Customs Department, Dhungana said that the problem of HS code will be gradually simplified to manage the foreign trade and the infrastructure at Biratnagar. He also added that Bhairahawa Customs Office will be strengthened.  General Director of Internal Revenue Department Sharma stressed that the economy will take a pace if both government and private sector will follow the formula of method, environment, behavior and discretion.

The program which was chaired by Sharma was participated by Vice Chairman of Confederation of Confederation, a member of Governing Council, National Council member and member, and representatives of industrial associations

 

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