Finance Minister Wagle Directs Officials to Implement Action Plan Against Revenue Leakage
Summary
Finance Minister Dr. Swarnim Wagle directs a strategic action plan to curb revenue leakage, emphasizing inter-agency cooperation and tax policy reforms.
Key Points
- Finance Minister Dr. Swarnim Wagle directed the Central Revenue Leakage Control Committee to implement a strategic action plan to curb revenue leakage.
- Home Minister Sudhan Gurung stressed the need to end shifting of responsibilities among agencies and called for a dedicated action plan with clear timelines.
- The government plans to reduce tax rates while expanding the tax base to increase revenue and foster tax compliance.
- Decisions include clarifying inter-agency responsibilities, reducing non-filer taxpayers, expediting arrears recovery, and continuing systemic reforms.
