Election expenses should be paid through a separate bank account
Kathmandu. Candidates have to transact through a separate bank account to keep the details of the expenses of the by-election correct. Nepal Rastra Bank has instructed banks and financial institutions to make arrangements for opening bank accounts for election purposes. Following the request of the Election Commission, the Central Bank through a letter requested to arrange the arrangements for opening bank accounts.
It has been mentioned that the bank account can be opened on the recommendation of the State Election Office and District Election Office under the commission, so that it will be operated until the commission closes the bank account. An account has been opened so that the income and expenses of the General Election Campaign Group can be transacted in Nepali currency.
Express
Related News
What is the foreign currency exchange rate in dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currencies for today. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is 152 rupees 60 paisa and the selling rate is...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Financial management of Tila 1 hydropower project led by NMB Bank
Kathmandu. NMB Bank Limited has successfully completed the financial management as the lead bank for the Tila 1 Hydropower Project located in Calikot district with a capacity of 440 MW according to the production permit. Promoted by SC Power Compa...
North City Multipurpose to Issue IPO
Kathmandu: North City Multipurpose Limited has called its first annual general meeting on Monday, Jestha 11, at 3:00 p.m. at the company’s office in Tokha-10, Kathmandu, to pass a proposal to issue an IPO. The meeting will authorize the board of d...
NMB Bank's profit up by 27.11 percent: improvement in earnings per share and distributable profit
Kathmandu. NMB Bank Limited has earned a net profit of Rs 1.16 billion in the first three months of the current financial year 2083/84. This is an increase of 27.11 percent compared to Rs 91.6 crore in the same period last financial year. Along wi...
Foreign Currency Exchange Rate: Selling rate of US dollar remained at 152 rupees 94 paise
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the latest information published by the Central Bank, the buying rate of one US dollar, which is becoming stronger in the internatio...



