Govt working to remove Nepal from FATF 'Grey List': FinMin Dr Wagle
Summary
Finance Minister Dr Swarnim Wagle states that the government is working to remove Nepal from the FATF 'Grey List' through improved tax administration and transparency.
Key Points
- Finance Minister Dr Swarnim Wagle said the government is working to remove Nepal from the FATF 'Grey List'.
- Removal from the 'Grey List' depends on making tax administration more transparent, effective, and accountable.
- The tax system should encourage voluntary compliance rather than coercion or intimidation.
- Officials are urged to report shortages in resources and improve digitalization and taxpayer awareness.
