SOCIETY, Latest Updates
SC invalidates Ncell capital gains tax assessment
SC invalidates Ncell capital gains tax assessment
KATHMANDU, Aug 27: The Supreme Court on Monday invalidated the assessment of the Capital Gains Tax (CGT) to be paid by telecommunication company Ncell Pvt Ltd. The Large Taxpayers Office (LTO) had determined on April 16 that the company had to pay Rs 39 billion as CGT including accrued interest and...
Aug 27, 2019
SOCIETY, Latest Updates
Landslides in Dolakha
Landslides in Dolakha
DOLAKHA, Aug 27: Incessant rain for the last few days has wreaked havoc in rural Dolakha villages, rendering dozens of families homeless. Around 50 families of different settlements at Melung and Shailung rural municipalities are reported to have lost their houses to landslides.
Aug 27, 2019
SOCIETY, Latest Updates
Reviving traditional round houses for attracting tourists
Reviving traditional round houses for attracting tourists
TANAHU, Aug 27: Rural parts of Tanahu district used to have plenty of round shaped homes in the past. As modernity encroached upon the settlements, concrete buildings replaced those traditional houses made of mud and hey. The earthquake of April 2015 took a further toll on them, and the consistent a...
Aug 27, 2019
ECONOMY
Over hundred rakes imported via Birgunj dry port in a month
Over hundred rakes imported via Birgunj dry port in a month
BIRGUNJ, Aug 27: When the dry port came into operation at Sirsiya of Birgunj in the Fiscal Year 2004/05 only 85 rakes with full cargoes entered Nepal in a year. The import rate of bulk cargo and bag cargo was zero. After one and a half decades of its operation, over 100 rakes enter Nepal every month...
Aug 27, 2019
ECONOMY
Nepse ends lower for third straight session after broad sell-off
Nepse ends lower for third straight session after broad sell...
KATHMANDU, Aug 27: Local stocks continue to tumble as the bourse remained under pressure for most of the trading session on Monday. The Nepal Stock Exchange (Nepse) index fell since the beginning of the initial trading hour to trade briefly below 1,200 points mark in the afternoon.
Aug 27, 2019
Editorial
Right proposal
Right proposal
The mess in Tribhuvan University—Nepal’s oldest public university where a vast majority of Nepalis go to pursue academic degrees—has run so deep and wide that, at times, it seems nobody will be able to intervene and bail it out of the current crisis. From extreme politicization to deteriorating qual...
Aug 27, 2019
OPINION
Derailing justice
Derailing justice
Transitional Justice (TJ) is once again hogging the news lines following the run-off-the-mill discussions among the political leaders to agree on the leadership of the bodies constituted to look into war-era cases. But what will the appointment do? Who is the appointment for? Given that TJ remains a...
Aug 27, 2019
OPINION
Rebooting Nepali economy
Rebooting Nepali economy
Nepal is among the least developed nations with around one-fourth of its population living underneath the poverty line. It is heavily dependent on remittances, contributing to as much as 30 percent of GDP. Agriculture is another pillar of our economy, providing jobs to nearly 66 percent of populatio...
Aug 27, 2019
OPINION
Anatomy of coming recession
Anatomy of coming recession
NEW YORK – There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two involve China, and the United States is at the center of each. Moreover, none of them is amenable to the traditional tools of...
Aug 27, 2019
Infographic
Infographics: When People Get Married Around the World
Infographics: When People Get Married Around the World
When People Get Married Around the World
Aug 27, 2019