Bagmati Province Government Collects 41.40 Percent of Annual Revenue Target in Nine Months
Summary
The Bagmati Province government has collected 41.40% of its annual revenue target in the first nine months of the fiscal year, totaling 27.93 billion rupees.
Key Points
- Bagmati Province government collected 27.93 billion rupees, 41.40% of its annual target, in the first nine months of the fiscal year.
- Main revenue sources include real estate registration and vehicle taxes, with 55.07% of the estimated 30.89 billion rupees collected.
- Real estate registration revenue collected is 3.52 billion rupees against a 7.70 billion target.
- Decline in real estate and new vehicle transactions and damages during protests affected revenue collection.
- Equalization grant from federal government reached 53.60% of the estimated 14.81 billion rupees.
