fonetag

Everest Bank Launches ‘FoneTAG’, an Offline Digital Payment Solution, in Collaboration with Fonepay

TLDR: Three-point highlights Everest Bank, a joint venture partner with Punjab National Bank India, has launched FoneTAG, the first of its kind offline digital payment solution in the Nepali market in collaboration with Fonepay, Nepal’s largest digital payment network. FoneTAG enables customers to make merchant payments by presenting NFC tag or a CPQR code (customer…

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Nepal Collects Rs 100 Million in Digital Service Tax from Platforms like Google and LinkedIn

Nepal Collects Rs 100 Million in Digital Service Tax from Platforms like Google and LinkedIn

Meta, Microsoft, and Ibsco yet to pay the Digital Service Tax TLDR: Five-points Nepal collected Rs 100 million DST from six foreign e-businesses last year Google, LinkedIn, Amazon, and NCS Pearson paid taxes in Nepal Meta Platforms, Microsoft, and Ibsco registered but are yet to pay taxes DST is 2% of e-service value from non-resident…

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King’s College - NAAMII partnership for AI education in Nepal

King’s College and NAAMII Join Hands to Offer AI Education in Nepal

TLDR: Five-point highlights King’s College and NepAl Applied Mathematics and Informatics Institute for Research (NAAMII) have announced their collaboration to conduct educational programs on Artificial Intelligence (AI) in Nepal. They signed a Memorandum of Understanding (MoU) on 3 August 2023 with an aim of providing cutting-edge AI education programs in Nepal. Together, they will create…

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