Axiata may find breaking up hard to do nepalitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nepalitimes.com Daily Mail and Mail on Sunday newspapers.
KATHMANDU, Dec 4: Axiata has carried out opaque transactions while selling the 80 percent stake it owned in Ncell. The shares were sold at a low price with the aim of evading taxes without informing the regulatory authorities of Nepal. Stakeholders have said that there was an attempt to evade capital gains tax in the purchase and sale of Ncell in 2016, and even now they are trying to evade revenue by buying and selling shares in an opaque manner.
The Public Accounts Committee of parliament has shown interest in taking statements from the people involved in the TERAMOCS purchase by the NTA for nearly Rs 3.25 billion.
KATHMANDU, Nov 17: The managing company of TikTok, has written a seven-point letter to Nepal expressing its displeasure over the government's ban on TikTok in Nepal.
KATHMANDU, Nov 17: The Supreme Court (SC) is to preside over a preliminary hearing on November 20 in relation to the writ petitions filed against the government decision to ban TikTok, a popular social networking site.