Dolma Impact Fund gets tax waiver under scrapped pact with Mauritius

The interim government formed after the Gen Z movement has sparked controversy by waiving taxes for the fund, which invested in Nepal through a Mauritius-based entity.

The interim government formed to hold elections following the Gen Z movement has courted controversy by granting a tax exemption to Dolma Impact Fund, which has channelled its investment into Nepal through a “shell company” registered in Mauritius—a tax haven.