Revenue collections target remains unmet

Kathmandu, 15 March (2023) - Inland revenue collection in the first eight months of the current fiscal year failed to meet the target. According to the Inland Revenue Department, the collection is just around 80 percent of the target.

The Department had set a target of raising Rs 353.91 billion in the second quarterly of the fiscal year 2022-23. But the inland revenue collection in the period is Rs 281.99 billion which is 79.78 percent of the estimate.