All petitions Against the Decision to Collect tax on Mergers and FPOs were Dismissed by the Supreme Court

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...


Insurance claim payment provided by Lamki branch of Sun Nepal Life Insurance

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...


Due to Poor Quality 9 types of Dugs Banned

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...


The number of policyholders surrendering their insurance policies decreased by 38 percent and the policy amount decreased by 32 percent,

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...


Scam Scandal of 75 Billion is being created in Ramgram, about 400 Houses were Removed Through Private Company.

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,...


Life Insurance Companies are Preparing to Buy Shares of Ncell under Long-Term Investment

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...


Nepal Insurance Authority Performing DDA of A Dozen Insurance Companies

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...


LIC Nepal has been asked by two regulators for an Explanation

Kathmandu: Nepal Insurance Authority and Nepal Securities Board of Nepal (SEBON) have asked for an explanation about the delay in the issue of LIC Nepal’s rightful shares. According to the sources of the Securities Board of Nepal, the study...


Chilime Hydro-Power Company Announced General Meeting with a Dividend Proposal

Kathmandu : Chilime Hydropower Company Limited has called for the 27th Annual General Meeting. The 423rd meeting of the board of directors of the company held on 8th of December has called the  general meeting on Friday, 5th of...


Sangrila Development Bank has also Reduced The Interest Rate

Kathmandu: As the commercial banks have started publishing notices on reducing the interest rates, the development banks have also started reducing the interest rates. Sangrila Development Bank has reduced the interest rate with effect from 13th of December, 2023...