BANKE: Minister for Industry, Commerce, and Supplies, Damodar Bhandari, stated that the government aims to expand the tax base rather than increasing tax rates.
Speaking at a program organized by the Internal Revenue Office in Nepalgunj today to mark National Tax Day and Tax Week, Minister Bhandari highlighted the government’s efforts to broaden the tax net and improve the tax system.
“A strong state ensures robust industries and businesses. Therefore, revenue collection must exceed targets to strengthen the state,” he said. “No one is exempt from revenue collection obligations.”
Minister Bhandari emphasized the need for active collaboration among industrialists, officials, and police to address revenue evasion issues, particularly those arising from open borders.
He assured that the government is committed to addressing the challenges faced by businesses.
The event, chaired by Chief Tax Officer Purna Prasad Neupane, also saw contributions from Member of Parliament Deepa Sharma and Chief District Officer of Banke, Khagendra Prasad Rijal.
They stressed that no leniency will be shown regarding revenue mismanagement.
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