Home National KATHMANDU METROPOLIS INCOME UP BY 57%

KATHMANDU METROPOLIS INCOME UP BY 57%

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Kathmandu, July 24: The Kathmandu Metropolis has made an income of Rs. 2.30 billion in the last fiscal year 2070-71 BS.
The income is 57 percent more as compared to that of the previous FY 2069-70 BS. It had made Rs. 1.43 billion income in that year.

The income was from internal and external sources and internal constitutes land revenue, real estate, house rent, vehicle and advertisement taxes and external are amounts provided by Nepal Government and various donor agencies.

Revenue Division Officer of Metropolis Dhruba Kafle said new tax payers were added and old were encouraged to pay taxes with various plans and others failing to pay will be taken action.

The 24th Town Council meeting of the metropolis has provided installment services to tax payers paying more than Rs. 100,000 annually.

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