Police investigations and arrests over lending and loan recovery are raising a fundamental question about who should police the banking system: the central bank or law enforcement agencies.

His return ends a five-month absence from Nepal but leaves unanswered questions over his family’s movements, medical treatment and finances.

The government’s new taxpayer incentive programme is designed to encourage consumers to demand bills, promote digital payments and make businesses more transparent in reporting sales and taxes.

Nepal’s new tax incentive scheme rewards consumers for demanding receipts, with 16 people winning cash prizes in the first draw.

More than an estimated 500 institutions across the country have stopped returning deposits even though they have not been officially classified as ‘problematic’.

Findings come at a time when economists and the private sector have increasingly questioned the frequency of policy changes by successive governments and regulators.

The surge in public participation has not yet been matched by a more mature market, wider instrument options, or stronger institutional foundations.

The Cabinet on Wednesday scrapped the 3 percent equity levy passed in the fiscal budget.

The government’s withdrawal of the three percent parity tax awaits Cabinet approval, leaving uncertainty over refunds for taxes collected since July 17.

Prime minister says the proposed three percent levy will not be enforced, but legal questions remain as taxes approved by Parliament require formal Cabinet and legislative procedures to be amended.

Consumers making purchases worth more than Rs100 can enter the scheme, with one daily winner taking home Rs133,034 and two monthly winners receiving Rs1 million each.

Minister Wagle says the prime minister’s announcement followed consultations, with the legal process now being prepared to suspend the proposed equity fees.

As banks sit on record liquidity, complex paperwork and collateral requirements push vulnerable borrowers towards predatory lenders

Development spending reaches only 46.79 percent of the annual budget’s allocation, with authorities citing political instability, elections and supply disruptions for delays in project implementation.

Weak credit demand, sluggish economic activity and robust remittance-driven deposit growth leave lenders flush with funds, raising questions over the economy’s recovery.