The government reduced the limit of cash transactions, transactions above 5 lakhs should be done through banking
-
Media Baaji
- Tue, 2 December 2025
Kathmandu. The government has reduced the limit of cash transactions. The cabinet meeting held on Monday has set a limit that the purchase and sale of services, goods or other transactions of 5 lakhs or more at a time must be done through financial institutions or banking.
Earlier, there was a provision that transactions of more than 1 million rupees should be done through the banking system. The government of Nepal has decided to implement new provisions with the aim of discouraging cash transactions, concluding that wealth is being cleansed through cash transactions.
Related News
Unseasonal rain in Morang has reduced paddy production, farmers are worried
Morang. In terms of rice production, Morang district, which is considered to be the best in the country, has seen a decrease in rice production this year due to unseasonal rains. Compared to last year, the production o...
An increase of 47.22 points in NEPSE, turnover of 7.3 billion
Kathmandu. On the first trading day of the week, NEPSE index increased by 47.22 points to 2647.44. During the day, 1 crore 42 lakh 4 thousand 362 shares of 330 companies were bought and sold, and more than 7.3 billion...
5.15 points decline in NEPSE, turnover of 3.89 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 5.15 points to 2540.57. During the day, 337 companies bought and sold 7.957 thousand 56 shares, with a turnover of 3.89 billion shares. Toda...
IPO of Super Khudi Hydro worth 1 lakh 28 thousand is open from February 5
Kathmandu. Super Khudi Hydropower Limited is going to issue an IPO for the general public from Monday 5th February to Sunday 10th February. Earlier, it was said that the issue would be opened from February 4th, but the said date has been shifted o...
Construction of Kohalpur-Surkhet 132 KV transmission line has been completed
Kathmandu. Nepal Electricity Authority has completed the construction of Kohalpur-Surkhet 132 KV transmission line. The construction of the Kohalpur-Surkhet section has been completed under the Kohalpur-Surkhet-Dailekh 132 KV transmission line pro...
Suryakund Hydro is issuing IPO for general public from Sunday
Kathmandu. Suryakunda Hydro Electric is going to open the IPO sale for the general public from January 18th this Sunday. The company is going to issue a total of 5 lakh 72 thousand 431 shares of Rs 100 to the general public in the second phase.&nb...