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Machhapuchre Bank

Be prepared to pay more tax

The finance minister presented the budget for the new fiscal year yesterday. He was under pressure to manage matching funds for the increased expenditures of the nation. After introduction of the federal structure and introduction of local bodies, more than the capacity of the nation, it has become a big challenge for the finance ministry to manage funds just to feed the elected political officials.
The easiest way to manage funds for the nation’s budget is to impose more tax to the citizens. Wow Nepal! There is no other alternate for the citizens except from being ready to pay more tax every year.

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