Sunday, August 7, 2011
Links for August 7, 2011
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1. Nepal will be playing in the Under-19 World Cup Cricket Tournament to be held in Australia next year.
2. More taxpayers brought under tax net last year.
*The target for 2010/11 was to add 150,000 additional taxpayers under the tax net.
*The Inland Revenue Department (IRD)actually added 177,579 taxpayers under the tax net.
*The target for 2010/11 was to add 50,000 institutions and 100,000 individuals under the tax net.
*The IRD actually added 55,478 firms/institutions and 122,201 individuals under the tax net.
*14,785 taxpayers were upgraded to the VAT payers' list.
*216 firms were fined Rs 2.7 billion for tax evasion using fake VAT receipts.
3. Budget for far-west up by Rs 4 billion.
*Total budget for all districts is Rs 87.33 billion in 2011/12
*In 2010/11, far-west received Rs 6 billion which was 8.23 percent of total districts' budget
*In 2011/12, it has been allocated Rs 10.53 billion which is 12.06 percent of total districts' budget
*The budget distribution among the far-western districts is uneven
*Kailali is given Rs 2.54 billion, which is over 20 percent of total far-west budget
*Kanchanpur is given Rs 1.24 billion
*The districts receiving the largest share are:
Kathmandu Rs 2.38 billion
Morang Rs 2.29 billion
Banke Rs 2.19 billion
Rupandehi Rs 1.83 billion
4. Goats in upcoming Dashain is going to get expensive because the Nepal Food Corporation (NFC) has decided to stop selling subsidized goats this year.
*NFC imported 3853 goats last Dashain, of which 250 died at Thapathali office of NFC.
*CIAA, the corruption investigation authority, investigated that case because it suspected the goats did not actually die but were given for free to political leaders and officers.
*In four days--between Saptami and Dashami--Kathmandu consumes 1.2 million kilograms of mutton (goat meat).
5. Nepal bans smoking in public, starting today. Will it succeed? I'm not very sure.
1. Nepal will be playing in the Under-19 World Cup Cricket Tournament to be held in Australia next year.
2. More taxpayers brought under tax net last year.
*The target for 2010/11 was to add 150,000 additional taxpayers under the tax net.
*The Inland Revenue Department (IRD)actually added 177,579 taxpayers under the tax net.
*The target for 2010/11 was to add 50,000 institutions and 100,000 individuals under the tax net.
*The IRD actually added 55,478 firms/institutions and 122,201 individuals under the tax net.
*14,785 taxpayers were upgraded to the VAT payers' list.
*216 firms were fined Rs 2.7 billion for tax evasion using fake VAT receipts.
3. Budget for far-west up by Rs 4 billion.
*Total budget for all districts is Rs 87.33 billion in 2011/12
*In 2010/11, far-west received Rs 6 billion which was 8.23 percent of total districts' budget
*In 2011/12, it has been allocated Rs 10.53 billion which is 12.06 percent of total districts' budget
*The budget distribution among the far-western districts is uneven
*Kailali is given Rs 2.54 billion, which is over 20 percent of total far-west budget
*Kanchanpur is given Rs 1.24 billion
*The districts receiving the largest share are:
Kathmandu Rs 2.38 billion
Morang Rs 2.29 billion
Banke Rs 2.19 billion
Rupandehi Rs 1.83 billion
4. Goats in upcoming Dashain is going to get expensive because the Nepal Food Corporation (NFC) has decided to stop selling subsidized goats this year.
*NFC imported 3853 goats last Dashain, of which 250 died at Thapathali office of NFC.
*CIAA, the corruption investigation authority, investigated that case because it suspected the goats did not actually die but were given for free to political leaders and officers.
*In four days--between Saptami and Dashami--Kathmandu consumes 1.2 million kilograms of mutton (goat meat).
5. Nepal bans smoking in public, starting today. Will it succeed? I'm not very sure.
Labels: CIAA, cricket, dashain, far west, smoking ban, value added tax, VAT
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