Nepal s tax system widens rich-poor gap 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.
The Association of Nepalese Rice, Oil and Pulses Industry on Sunday asked the Ministry of Finance to put up import restrictions on rice and pulses after Nepal's central bank asked commercial banks to stop issuing letters of credit for importing luxury goods, including automobiles. "Nepal has been importing rice and lentils worth billions," said Subodh Kumar Gupta, president of
Parts of India's neighbourhood are in turmoil. While Pakistan is facing a political crisis in the west, Nepal in the north is going south financially, mirroring Sri Lanka in some ways.