गृहपृष्ठ ∕ Business ∕ NRB instructs banks to open counters to collect revenue for three days Business NRB instructs banks to open counters to collect revenue for three days Private sector leaders have demanded a deferral of deadline to pay taxes including VAT set for Thursday KathmanduPati September 08, 2020 KATHMANDU: Nepal Rastra Bank (NRB) has instructed all banks and financial institutions (BFIs) designated for revenue collections to open their branches and counters for three days. Issuing a notice on Monday, NRB-the regulator of the banking sector-has instructed such BFIs to operate their branch offices and counters to collect revenues for Tuesday, Wednesday and Thursday. As the deadline for filing value added tax (VAT) is until Thursday, the central bank has directed BFIs to open their branches and counters to facilitate the collection of the revenue for three days. The notice comes in the wake of a lockdown imposed by local authorities to contain the spread of coronavirus. While businesses have a deadline to make VAT filing by Thursday, local authorities have imposed lockdown in the Valley until Wednesday. Private sector leaders demanded the deadline to file taxes to be suspended for some time as COVID-19 and the lockdown imposed by the local authorities have crippled their businesses. In a meeting with the Prime Minister KP Sharma Oli on Monday, private sector leaders have urged the government to defer the deadline for paying taxes for a few months. Write your comments RELATED NEWS Nepali Congress urges government to protect citizens after Saudi drone… Trump envoys confront Zelensky as US-Ukraine tensions escalate Indian Foreign Secretary to visit Nepal ahead of Balen’s India… Climate loss and damage fund approves $20 Million grant for… Nepal must accelerate reforms to exit FATF grey list BJP claims Rahul Gandhi visited Vietnam amid voter roll row Top Headlines Nepal “a Buffer State”: Rethinking foreign policy in relative terms1 Monsoon is predictable and Nepal’s disaster response should be too2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 PM Shah pledges Krishnabhir highway reopening within month5 Before the Ballots: How Oli Lost the Political Narrative6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING Now more than ever, support the IT sector “Ranju Darshana: Government has been using superiority approach to handling pandemic” The envisioned Defense University and its rationale Federal Parliament Secretariat returns badge pins to manufacturer Why US Indo-Pacific strategy will fail Former PM Bhattarai felicitates Indian taekwondo head coach Jaigadi Bam Dev Gautam to become National Assembly member Chinese Defense Minister Fenghe arriving Nepal next Sunday
