गृहपृष्ठ ∕ Business ∕ Ministry cannot slash budget passed by Parliament: Finance Minister Mahat Business Ministry cannot slash budget passed by Parliament: Finance Minister Mahat KathmanduPati February 16, 2024 File Photo KATHMANDU – Finance Minister Dr. Prakash Sharan Mahat has said the budget passed by the sovereign parliament could not be reduced. Organising a press conference at the Ministry today, Finance Minister Mahat refuted the news that the budget of the current fiscal year was cut and made it clear that the Ministry could not slash the budget passed by the parliament. He mentioned that there should not be any confusion among the people, adding the budget was only evaluated mid-term. Stating that progress of revenue and budget implementation was reviewed, the Finance Minister said revenue collection was increased by 10 per cent as compared to previous fiscal year. More revenue would be collected and spent as per the rule, he said and added that the income and expenditure was estimated based on revenue collected. The government had allocated Rs 1.751 trillion budget for current fiscal year. A budget ceiling of Rs 1.8 trillion has been set for coming fiscal year 2024/25, he informed. Write your comments RELATED NEWS Foreign Minister Deuba calls on Japan for cooperation in restoring… Regular import of petroleum products via pipelines begins Health Minister promises increased access to treatment of pediatric cancer DPM Paudel ‘discharged’ from hospital Two big political parties form government for nation’s development and… US citizen held with foreign currencies Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy3 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’4 PM Oli, Sri Lankan’s former President meet5 PM Oli extends New Year greetings6 HoR Secretary Rai sworn in7 Gold price ups Rs 2,000 per tola8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector Pathao, Tootle resume ride sharing services after authorities relax lockdown What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? A phone call that paved the way for RAW Chief’s visit to Nepal What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more Impact of Social Media on Nepalese Society Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki