Kathmandu: It has been found that many of the expenses incurred by former Jyoti Life were for the purpose of tax evasion. In addition, it has been found that the financial statements before the merger have not been prepared...

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has paid the insurance claim. The company’s Janakpur branch paid a claim of 500 thousand Rupees to the insured Ram Sudishta Shah Sudi, a resident of Dhanusha district Nagaraine municipality ward no-4. The...

Kathmandu : Asian Life Insurance Company has provided the insurance claim. The Biratnagar branch of the company organized a program and paid the death claim amount to the family of the deceased. Saroj Bhandari, branch manager of the Biratnagar...

Kathmandu: All petitions against the decision to collect tax on mergers and FPOs were dismissed by the Supreme Court, banks and insurance companies must pay 40 billion as tax. After the statement of the government’s decision to levy tax...

Kathmandu: Sun Nepal Life Insurance Company has provided the insurance claim. The Lamki branch of the company has paid 1.3 million Rupees as the death claim amount to the insured relative in the presence of the deceased’s family and...

Kathmandu : The production of 9 types of drugs has been banned by DDA ( Department of Drugs Administration) due to the poor quality. The name of drugs are as below : * Linagliptin 2.5mg Tablet * Linagliptin 10mg...

Kathmandu: Compared to last month of mid of October, the number of people who abandoned their insurance policy has decreased on mid of November by about 4,000. According to the Nepal Insurance Authority, both the number and amount of...

Kathmandu: It is not new for Nepal to loot important resources of the country due to access to state power. Beemapost has discovered the fact that about 400 families in Ramgram Municipality Ward No. 7, located in West Nawalparasi,...

Kathmandu: Insurance companies are preparing to buy shares of Ncell under long-term investment. One of the CEO has informed Beemapost that there is a discussion about buying the shares of Ncell by the currently operating life insurance companies by...

Kathmandu: The regulatory body Nepal Insurance Authority is going to conduct a detailed audit ‘DDA’ (Due Diligence Audit) under its rules to reveal the assets and liabilities of the insurance company. Since, the authority has to audit the assets...