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…
TLDR: Three-point summary Yarsa Tech, a sister company of Yarsa Games, has launched NIZI Power, a made-in-Nepal inverter; Power Backup for Router that can provide 6-8 hours of backup power for devices like smartphones, routers, and CCTV cameras. NIZI Power is a portable, compact, and easy-to-use device that can power up any device/gadget that runs…
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…
Nepal is going through a digital transformation, and the central bank is also playing a key role in facilitating this process. We can see this in the Monetary Policy of Nepal for the current fiscal year 2080/81 as well. The policy contains several exciting initiatives that aim to promote the technology sector (fintech in particular)…
KATHMANDU, Nepal – IME Pay, Nepal’s leading digital wallet app, has announced a new integration with ConnectIPS that will allow users to directly access their bank accounts through the IME Pay platform. This linkage aims to provide enhanced convenience and streamlined money management for Nepali consumers adopting digital payments. The new connectivity works by leveraging…
In recent days after a post from Rudra Pandey A Director Of Hamro Patro, Every news portal covered Hamro Patro’s expansion in India, but Then we start the exploring Indian market their placement and whether its a strategic move or a normal move to India. As we all know in recent days Hamro Patro is…
Rastriya Swatantra Party (RSP) MP Dr. Swarnim Wagle said that the current budget has ignored the IT sectors with immense potential. Speaking in the meeting of the House of Representatives on Tuesday, Wagle said that the country could be made prosperous from the IT sector, but the government has not thought about it. “How much…
Merchant acquiring under NEPALPAY QR network by the banks & financial institutions and payment service providers has crossed over Three Lakh merchants, with majority of the BFIs now deploying QR at the acquired merchants This is a key milestone in further supporting adoption of QR payments in Nepal to strengthen digital payment ecosystem. NEPALPAY QR…
The big telecom company Ncell, currently owned by the Axiata Group, recently faced a major setback. They had a big money dispute of $500 million (~Rs. 66 Billion) with the Nepal Government, but their claim fell flat. All this trouble is over taxes that should have been paid when Axiata bought Ncell from another company,…
Apple has once again raised the bar with its latest technology release – the Vision Pro. The device is designed to blend the physical and digital worlds, offering an advanced augmented reality experience. It provides an infinite canvas, allowing users to interact with digital content as if it were in their physical space. Let’s dive…
