Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Summary

Finance Minister Dr. Swarnim Wagle presented a bill in the Nepalese House of Representatives to amend and repeal certain finance-related laws, aiming to eliminate legal duplication and improve public service delivery.

Key Points
  • Finance Minister Dr. Swarnim Wagle presented the 'Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083' in the House of Representatives.
  • The bill seeks to repeal outdated legal and institutional provisions inconsistent with the Constitution of Nepal and current federal governance.
  • Key laws proposed for repeal include the Provincial Development Plans Implementation Act 2013 and the Nepali Currency Circulation Enhancement Act 2014, among others.
  • The bill also proposes timely amendments to the Value Added Tax Act 2052, Income Tax Act 2058, and Customs Act 2082.
Article image