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Axiata's Ncell exit smacks of intention to evade capital gains tax - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

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. ....

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Ncell Axiata Limited plants trees along Bagmati Corridor Road

Marking Ncell’s 18th anniversary with the initiative of focusing on promoting clean and green city, Ncell Axiata Limited in collaboration with Lalitpur Metropolitan City has contributed to the further greening of Kathmandu valley by planting trees along the Bagmati Corridor Road in Ward No 1 of LMC. ....

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National Suicide Prevention Helpline 1166 accessible from Ncell network

Ncell customers can now call the National Suicide Prevention Helpline 1166 operated by the government for suicide prevention and seek necessary consultation with psychiatrists and counsellors regarding mental health issues. Ncell Axiata Limited has collaborated with Patan Mental Hospital to this effect. ....

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