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News tagged 'Federation of Nepalese Chambers of Commerce and Industry'

FNCCI forms committee to resolve disputes

Aug 7, 2020

KATHMANDU, AUGUST 6 The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has formed a committee to resolve the organisation’s annual general meeting (AGM) and election disputes. A virtual meeting of FNCCI today decided to form a six-member panel to study and finalise the organisation’s AGM and election which have been ...

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Remuneration dispute between employers, workers resolved

Jul 30, 2020

KATHMANDU, JULY 29 Labour relations in the country, which had started deteriorating with the unfavourable circumstances brought on by the outbreak of the coronavirus, seems to be gradually improving with both industries and employees today reaching a conclusion on the months-long remuneration dispute. The two parties have reached an agreement where...

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FNCCI agro offshoot under CIAA scanner

Jul 29, 2020

KATHMANDU, JULY 28 Anomalies in the Agro Enterprise Centre — the agriculture wing of the Federation of Nepalese Chambers of Commerce and Industry — have once again resurfaced as the Commission for the Investigation of Abuse of Authority has initiated a probe into financial transactions made by AEC in the past several years. Sources at...

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Businesses start paying taxes though not obliged to

Jun 25, 2020

KATHMANDU, JUNE 24 Though the Supreme Court (SC) had asked the government not to compel businesses to pay their tax dues before one month after the lockdown is completely lifted, taxpayers who are in position to pay their dues have started clearing it amid the government under pressure to manage different financial liabilities. On June 11, the apex...

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FNCCI to hold annual meet, election on August 10, 11

Jun 24, 2020

KATHMANDU, JUNE 23 The annual general meeting (AGM) and the executive committee election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), which was delayed due to the spread of COVID-19, has been slated for August 10 and 11. As per FNCCI, the executive committee meeting of the organisation held on Monday decided to hold the ...

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Nepal Inc seeks interest rate reduction on loans

Jun 22, 2020

KATHMANDU, JUNE 21 As Nepal Rastra Bank prepares to bring the Monetary Policy for fiscal year 2020-21, the business community has demanded reduction in interest rates on bank loans. The Confederation of Nepalese Industries, Federation of Nepalese Chambers of Commerce and Industry and Nepal Chamber of Commerce have already submitted their recommenda...

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