Government Extends Deadline for Company Filings, Waives Fines

Kathmandu. The government has extended the deadline for companies that have not submitted their annual reports for a long time and are yet to go through the liquidation process to update their details, including a waiver of fines, until the end of Poush. The deadline, previously set until the end of Kartik, has been extended by two months.

According to the Office of the Company Registrar, if the taxes, fees, and charges due according to the rules up to the fiscal year 2082/83 are paid, all taxes, fees, charges, and fines for the preceding fiscal years will be waived.