Birgunj: The businesspersons from Birgunj city and a major customs point hoped the budget released on Friday would make the national economy dynamic.<\/p>\n\n\n\n
Finance Minister Dr Swarnim Wagle unveiled the budget for the fiscal year 2083\/84 in the joint meeting of the federal parliament. In response to the budget, the traders said it would help promote businesses.<\/p>\n\n\n\n
Chairperson of Birgunj Chamber of Commerce and Industries, Hari Prasad Gautam, informed that though the government brought a big budget, it instilled hope in the private sector. “The provision of separate slabs on import of raw materials for industry and readymade items will be a relief to the industrialists,” he said.<\/p>\n\n\n\n
He, however, expressed wonder how the resources for the budget would be managed, as it is a huge budget this time. Various popular schemes are included, and announcement made for various laws friendly to the private sector, which is positive. It has aimed at collecting over Rs 1400 billion in revenue, which seems challenging.<\/p>\n\n\n\n
Senior Vice-Chairman of Birgunj Chamber of Commerce and Industries, Madhav Rajpal, also hoped the budget would spur economic activities. “It has created hope. Removal of excise duty and concession in import of raw materials for industries were private-sector-friendly schemes,” he observed.<\/p>\n\n\n\n
It is equally positive to broaden the net for individual income tax, a one per cent tax on the annual income of Rs 1 million.<\/p>\n\n\n\n
Professor Dr Dipendra Kumar Chaudhari said that although the budget seems encouraging, how the government enforces it counts. RSS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Birgunj: The businesspersons from Birgunj city and a major customs point hoped the budget released on Friday would make the national economy dynamic. Finance Minister Dr Swarnim Wagle unveiled the budget for the fiscal year 2083\/84 in the joint meeting of the federal parliament. In response to the budget, the traders said it would help …<\/p>\n","protected":false},"author":23,"featured_media":364484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[806,3,4,5,2],"tags":[],"reporter":[],"class_list":["post-430579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-english","category-en-news","category-top-stories","category-top-stories-main"],"acf":[],"_links":{"self":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430579"}],"collection":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/comments?post=430579"}],"version-history":[{"count":1,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430579\/revisions"}],"predecessor-version":[{"id":430580,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/430579\/revisions\/430580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media\/364484"}],"wp:attachment":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media?parent=430579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/categories?post=430579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/tags?post=430579"},{"taxonomy":"reporter","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/reporter?post=430579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}