NRB sets a new benchmark rate for Foreign Loan

NRB sets a new benchmark rate for Foreign Loan

Nepal Rastra Bank has amended the “Foreign Investment and Foreign Loan Management By-laws” (hereinafter “By-laws”) on 23 January 2022 (9 Magh 2078) pursuant to the rights granted by Foreign Exchange Regulation Act 1962 and Nepal Rastra Bank Act 2002. This By-law has...
MINIMUM SALARY OF EMPLOYEES WORKING IN TEA ESTATE

MINIMUM SALARY OF EMPLOYEES WORKING IN TEA ESTATE

The Government of Nepal, Ministry of Labor, Employment and Social Security has published a notice on 28 Asadh, 2078 (12 July 2021) concerning the minimum salary of employees working in the tea estate. The effective minimum salary of employees working in a tea estate...

Nepal Government revised the minimum remuneration

Government of Nepal, on 20 Baisakh, 2078, has published a notice in Nepal Gazette, revising the minimum remuneration to NPR 15,000 to be effective from 1st Shrawan, 2078. The existing minimum remuneration is NPR 13,450. You can download the pdf version of Revision of...