Anti-money laundering agency resumes probe into Sumargi's transactions

Kathmandu, July 2 -- After a hiatus of more than one year, the Department of Money Laundering Investigation has resumed its investigation into the alleged money laundering of Rs20 billion by controver... Read More

Tax office freezes bank accounts of over 5,000 taxpayers-firms and individuals

Kathmandu, July 1 -- Tax authorities have frozen the bank accounts of around 5,000 firms and individual taxpayers and prevented a number of them from going abroad for not clearing their tax liabilitie... Read More

Social Welfare Council appeals High Court to overturn stay on Kathmandu Fun Park property lease row

Kathmandu, July 1 -- The Social Welfare Council has filed an appeal at the Patan High Court against the Kathmandu District Court's stay order on the council's eviction notice to remove the amusement p... Read More

Many local governments are once again caught in budget presentation delay

Kathmandu, June 27 -- Balan-Bihul Rural Municipality of Saptari district presented the budget for the current fiscal year in December 2018 which was endorsed by village assembly only on April 13 this ... Read More

Around 2,500 contractors to get last deadline extension of a year

Kathmandu, June 26 -- Around 2,500 contracts related to hundreds of ongoing development projects are expected to get a last deadline extension of one year to complete the works, failing which will res... Read More

Bitumen shortage hits blacktopping of roads across the country

Kathmandu, June 25 -- Shailung Construction, a contractor working on the widening of the Kalanki-Nagdhunga road is finding it hard to blacktop the widened part of the road at Thankot, opposite the pol... Read More

Supreme Court clears the deck for tax authority to recover unpaid taxes from controversial businessman Sumargi

Kathmandu, June 24 -- The Supreme Court on Sunday paved the way for the tax authority to collect unpaid capital gains tax from controversial businessman Ajeya Raj Sumargi for selling 75 percent of his... Read More

Government employees desert provincial and local governments

Kathmandu, June 23 -- Adjustment of government employees at three tiers of government was supposed to end prolonged staff shortages at provincial and local governments. But instead of solving the pro... Read More

In latest fake VAT bill scandal, revenue department charges 15 individuals

Kathmandu, June 22 -- In one of the largest cases related to revenue fraud, the Department of Revenue Investigation on Thursday filed a case against 15 individuals at the Kathmandu District Court on t... Read More

Tainted firm in the race to become the consultant for Dharahara reconstruction

Kathmandu, June 20 -- A company whose participation had forced the National Reconstruction Authority to cancel the entire tender process for the appointment of a consulting firm for the reconstruction... Read More