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Finance Minister directs IRD officials to double revenue collection


Nepalnews
2021 Aug 12, 23:26, Kathmandu
Minister for Finance Janardhan Sharma responding to queries raised by the lawmakers during the National Assembly meeting at the Federal Parliamnet building in New Baneshwor, Kathmandu, on Thursday, August 12, 2021. Photo: RSS

Minister for Finance Janardhan Sharma has directed the concerned officials to prepare a plan of action on doubling inland revenue and implementing it effectively.

Minister Sharma opined that the present work style could not contribute to the country's progress, so internal revenue must be boosted.

He said it during a meeting with the Department of Inland Revenue in the ministry on Thursday. Minister Sharma assured the officials of assistance as human resources, technology and training so that they could meet the revenue target.

Similarly, the Department was asked how it could build a culture where taxpayers could be attracted to pay tax. "The atmosphere for them should be created in a way it encouraged them to pay tax," Minister Sharma reiterated.

According to the Minister, the time has come to evaluate the country's property. "What about the monitoring of country's property? What is the property citizen own and the property government owns? Plan to evaluate it is needed," he said.

On the occasion, Finance Secretary Madhukumar Marasini informed that revenue is the lifeline of the national economy. The target of the revenue collection could be changed, he hinted. Secretary Marasini urged the revenue offices to go digital. 

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inland revenue Minister for Finance Janardhan Sharma Department of Inland Revenue
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