In a major relief for the startup ecosystem, the Government of Nepal has announced a five-year income tax exemption for startup businesses with an annual turnover of up to NPR 10 crore as part of the national budget for Fiscal Year 2082/83. This policy aims to promote entrepreneurship and encourage the youth to engage in...
In a significant move to control the illegal import and use of mobile phones in Nepal, the government has announced that IMEI registration will be made mandatory for all mobile handsets. During the announcement of the Fiscal Year 2082/83 national budget, Finance Minister Bishnu Poudel stated that mandatory IMEI registration is aimed at curbing the...