KATHMANDU, Feb. 14 -- Although the government revised revenue collection target through the mid-term review, it still seems to have failed in its goal as the amount realized stood less than 50 percent of the targeted annual revenue collection.

The records with the Financial Comptroller General Office (FCGO) show that the government collected Rs 642.85 billion during the review period, while the revised revenue target is Rs 1.286 trillion. Citing the slow revenue collection, the government has downsized the revenue collection target by Rs 133 billion to Rs 1.286 trillion for the FY 2024/25.

Considering the original amount that the government announced through the annual budget, the revenue collection stood at only 45.29 percent in the fi...