News

Sep
18

Recent Developments in tax by jurisdiction – Taxes Committee of International Bar Association, 2017

  • Legal

The taxes committee has published its annual update on tax developments by jurisdiction for 2017.  

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Sep
07

Labor Act, 2017 (2074) – Major Highlights

  • Legal

The Labor Act, 2017 (2074) (“New Labor Act”) was passed by the Parliament on August 11, 2017 (Shrawan 27, 2074) and accorded the assent...

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Aug
04

Existing Laws on Corporate Social Responsibility

  • Legal

Legal Note: Existing Laws on Corporate Social Responsibility   1.     Introduction:   1.1.   Following set of rules have specifically provided for legal...

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Aug
03

NRB issues circular for approval of capitalization of expenses incurred in a foreign country as a foreign investment in the foreign investment projects.

  • Legal

Nepal Rastra Bank issues circular for approval of capitalization of expenses incurred in a foreign country as a foreign investment in the foreign investment projects.  ...

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Jul
31

Amendment to Public Procurement Law

  • Legal

Pioneer Briefing: Key Amendments Introduced in the Public Procurement Legislations of Nepal.   1.     Background: The Public Procurement Act 2007 (2063) (the “PPA”)...

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Jul
13

NRB Notice – Share Pledge and Personal Guarantee

  • Legal

Nepal Rastra Bank introduces general conditions relating to approval of Share Pledge and Personal Guarantee in favor of a Foreign Lender   Background: Nepal...

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May
12

NRB Circular on Repatriation of Salary of Expatriate

  • Legal

1.      Nepal Rastra Bank (NRB) has issued a circular on September 08, 2015 (2073-05-23) relating to foreign exchange facility of foreign expiates working in...

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May
12

Amendment to Companies Act

  • Legal

Parliament has passed the First Amendment to the Companies Act 2006 (2063 B.S.) The “Companies (First Amendment) Act, 2017 (2074 B.S.)”(the “Amendment”), which was...

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