Government Accelerates Legal Reforms, Revenue Investigation Department to be Abolished
Summary
The Nepal government is advancing legal reforms by abolishing 15 outdated laws and initiating the dissolution of the Revenue Investigation Department, transferring its functions to other bodies to enhance efficiency and support the business environment.
Key Points
- The government of Nepal is rapidly advancing legal reforms under Finance Minister Dr. Swarnim Wagle.
- 15 irrelevant and outdated laws are being abolished to streamline legal frameworks.
- The process of abolishing the Revenue Investigation Department has started due to its complex jurisdiction and pressure on businesses.
- Functions of the Revenue Investigation Department will be transferred to the Department of Revenue, Department of Customs, and Department of Anti-Money Laundering to increase institutional efficiency.
