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Extra VAT and service charges are prohibited in hotels and restaurants
Hotels, restaurants, and bars are required by the Department of Commerce, Supplies and Consumer Protection (DoCSCP) to list all fees, VAT, and taxes based on the current market rate.On Thursday, per the earlier verdict issued by the Kathmandu District Court(KDC), the DoCSCP issued a notice to this effect . The KDC had issued an order…
Read More...Nepal’s urban population increases to 66 percent according to the Census 2078 report
The urban population of Nepal has reached 66.08 percent. Ramchandra Dangal, joint secretary of the Ministry of Urban Development, stated that, according to the Census 2078's preliminary statistics, the number of people living in urban areas has grown since the Census 2068. The percentage of urban dwellers in 2068 was 63.19 percent. At that…
Read More...Government extends import restriction further until mid-Nov
The government has decided to keep the restriction on the import of automobiles, alcoholic beverages, smart phones over $300, and motorcycles over 150cc. The government has further extended the restriction until mid-November.The government, which had previously permitted the entry of six of ten commodities by October 28, has reinstated the…
Read More...Melamchi Water to resume in KTM valley from mid-November
From about the middle of November onward, the Melamchi Drinking Water Development Committee (MDWDC) will begin delivering water from Melamchi to the Kathmandu Valley.Because of the need to safeguard the tunnels and structures in the headwork area of the project, the MDWSP halted water diversion work in the Melamchi tunnel around the middle…
Read More...US dollar strengthens even more, trading now at above Rs 132
The gradual increase in the value of the US dollar has a negative effect on the Nepali currency, making it less valuable.The current foreign exchange rate published by the Nepal Rastra Bank (NRB) indicates that one US dollar can be purchased at a rate of Rs 132.42 and sold at a rate of Rs 132.02 today.Economists predict that a stronger…
Read More...Know the condition of Muglin-Narayangadh road through SMS
Various main highways of the country have been blocked due to continuous rains for the past few days. Due to continuous rain and flood landslides, landslides are continuing in Narayangadh-Muglin road section, Waling-Galang section of Siddharth highway connecting Sunauli-Pokhara and other road sections. This has created discomfort for passengers…
Read More...Queen Elizabeth II, longest-reigning British monarch, dies aged 96
The death of Queen Elizabeth II on Thursday at Balmoral Castle in Scotland marked the end of the reign of Britain's longest-reigning queen. She was 96.Prior to Thursday's events, physicians had indicated they were "concerned for Her Majesty's health" and that Elizabeth was "sleeping comfortably" at Balmoral under medical supervision.…
Read More...Jazeera Airways to operate daily flights from Gautam Buddha International Airport soon
Kuwait's Jazeera Airways will operate daily flights from Gautam Buddha International Airport.Nepal Civil Aviation Authority has informed that Jazeera, which is flying three times a week from Gautam Buddha Intl' Airport to Kuwait, will start daily flights from September 1st.Authority spokesperson Jagannath Niraula informed that Jazeera,…
Read More...Gautam Adani surpasses Bernard Arnault to become the world’s third-richest
Indian billionaire Gautam Adani has become the third richest person in the world. This is the first time an Asian has made the top three of the Bloomberg Billionaires Index.India's Mukesh Ambani and China's Jack Ma have also failed to grasp this position. Adani, with assets of US$145.1 billion, has surpassed France's Bernard Arnault and is…
Read More...NEA inaugurates EV charging station in Ratnapark office
Nepal Electricity Authority has launched a fast charging station for electric vehicles. On Tuesday, Power, Water Resources and Irrigation Minister Pampha Bhusal inaugurated the charging station at Ratnapark, the central office of the authority.
Minister Bhusal inaugurated the station by attaching the gun of the charging station to the vehicle.…
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