The Nepali Department of Revenue Investigation (DRI) on Wednesday filed a case against proprietors of five firms in the country for embezzling the government revenue worth NPR 410 million.
The DRI found that the five firms evaded NPR 410 million in Value Added Tax (VAT) by using fake VAT bills.
The case was filed at the High Court in Patan against the following proprietors:
|Proprietor Name||Firm Name||Evaded Tax Amount|
|Lahuman Majhi||PRK Trade International, Dolakha||NPR 55.68 Million|
|Nabikarik Ansari||Creta Enterprises, Parsa||NPR 82.46 Million|
|Ram Babu Sahani||Minaja International Pvt Ltd, Bara||NPR 21.91 million|
|Bal Ram Mahato||Raman Construction Pvt Ltd, Dhanusha||NPR 208.76 million|
|Kamal Bahadur Raut||Raut Trade Concerns, Udayapur||NPR 41.64 Million|
The DRI has sought to charge these proprietors with fines equivalent to the evaded tax amount and jail terms as per the law.
The United Kingdom has become the first western country to authorize a COVID-19 vaccine, giving the…Read more