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Ncell pays Rs.9.97 bn tax

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KATHMANDU — Ncell, the biggest private telecom company in Nepal, paid Rs 9.97 billion to the state tax, according to the directive issued by the government to pay pertinent capital gains tax(CGT) on Ncell buyout deal.

The telecom service provider informed about the payment of the tax by organizing a press meet in Kathmandu on Sunday.

“We paid the tax as per the directive of the Large Tax Payers Office (LTPO),” Ncell said in a statement distributed at the press meet.

“We had been directed to calculate and deposit 15 percent of the total gains involved while TeliaSonera Norway Nepal Holdings AS (Telia Norway) sold the shares of the off-shore company Reynolds Holdings Limited,” the statement further added.

Ncell said it has responded positively to the LTO directive and made a deposit of 15 percent of the gains of TeliaSonera rising from the sale of shares of offshore company Reynolds Holding — the 80 percent shareholder of Ncell— to Axiata.

Earlier, the LTO had directed Ncell to deposit 15 per cent of the cover-up tax, or the tax deductible at source for capital gains. Another 10 per cent of the gains made from the transaction must be deposited by TeliaSonera.

“Ncell is one of the largest taxpayers in Nepal, and has consistently complied with the laws of the country. It has also exercised the highest standards of governance and compliance pertaining to the fulfillment of tax obligations,” Ncell said in a statement.

Ncell has been under intense pressure from various stakeholders to pay the Capital Gain Tax (CGT). Nepali Congress lawmaker Gagan Thapa registered a motion of public importance at  the Parliamentary Secretariat demanding Parliament’s instruction in this regard.

Although TeliaSonera, being a seller is subjected to pay CGT to Nepal government, the LTO has got hold of Ncell as the former has already left the country.

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Nirmala Panta rape, murder case : Locals protest after wrong suspect paraded

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BHIMDUTTANAGAR — Locals who were protesting against the rape and murder of Nirmala Panta of Kanchanpur’s Bhimdatta Municipality, have enforced shutdown in Bhimduttanagar Bazaar on Tuesday, protesting police’s failure to reveal facts behind the murder of 13-year-old girl and parading wrong suspect on Monday.

The District Police Office, organising a press conference on Monday,had made public Dilip Singh Bista (41), of Baghphanta, Bhimdatta Municipality-19 as Nirmala’s murderer.

Locals have shut down the market area stating that police were not being able to make public the true murderer(s) as they are not convinced by the findings of police citing that Bista was mentally unsound, according to the District Police Office.

Transportation has also been halted.

Bista, a resident of Khanna Chauraha area in Bhimdutta Municipality-19, was apprehended near the scene of crime on Sunday, according to police.

Police making public the wrong suspect has infuriated the locals and fueled the protest.

The agitators including various civil society organisations and human rights defenders have been picketing the District Administration Office and staging rally on the street mounting pressure on the police to reveal the facts behind the heinous crime.

Meanwhile, it had been learnt that police have fired rounds of teargas shells to contain the agitated mob.

Nirmala was found murdered in a sugarcane field on July 27, a day after she had gone to her friend’s home to get a notebook.

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