Government should widen tax base and strengthen tax administration, analysts say
Kathmandu, May 27 -- Revenue generation is a perennial problem the government has to deal with, and to make up for the shortfall, it often tends to resort to ad hoc measures. One of the major sources of revenue is tax and if the government can get it right, experts and analysts say, it can put development activities on a faster pace and reduce income inequality.
Just as Finance Minister Yubaraj Khatiwada prepares to present the budget for the fiscal year 2019/20, the analysts say the government should focus on putting in place sustainable and broad-based systems-expanding tax bases and strengthening the tax administration-to ensure they could deliver predictable revenues.
According to them, tax overburden, if imposed on the private sect...
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