KATHMANDU: A meeting of the Legislature-Parliament today passed the Finance Bill- 2071 BS with a majority.
In the meeting, Finance Minister Dr Ram Sharan Mahat tabled the proposal seeking the house’s approval to the Bill.
Similarly, proposals tabled in the meeting seeking considerations on the Bill on Raising National Debts-2071 BS and Loans and Securities (20th amendment) Bill- 2071 BS were endorsed by a majority.
Prior to this, Nepal Workers’ and Peasants’ Party lawmaker Prem Suwal demanded the withdrawal of the Bill.
Taking part in the clause-wise deliberation on the Bill, lawmaker Suwal expressed his concerns over the use of remittance in the purchase of luxurious goods.
Dilli Prasad Kafle of the same party expressed his objection to the decision to impose tax on small traders.
CPN (UML)’s Surendra Pandey said the VAT collection failed to meet the target, stressing the need of adjustment in customs duty and price.
UCPN (M) Ram Narayan Bidari accused of rampant irregularities in tax administration and urged the government to be serious to control such irregularities. Gita Chhetri, Narsingh Chaudhary, Chudamani BK, Brijesh Kumar Gupta were among those putting their views on the Bill.
The Legislature-Parliament will meet again at 11:00 am tomorrow, Thursday.
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