ICAN launches GAIN Project, aiming to create 50 thousand jobs in five years
Summary
The Institute of Chartered Accountants of Nepal (ICAN) launched the GAIN Project to make Nepal's accounting services internationally competitive and create over 50,000 jobs annually in the next five years.
Key Points
- ICAN launched the Global Accounting Initiative in Nepal (GAIN) to boost Nepal's accounting services internationally.
- The project aims to create more than 50,000 jobs annually within five years and generate around Rs 80 billion via service exports.
- GAIN prioritizes developing regulatory frameworks, digital infrastructure, training, and promotion of outsourcing hubs.
- ICAN expects policy support including tax exemptions, VAT guidelines, and easier foreign investment to aid the project.
