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.
Express
Related News
Preparation for regular flights from Kathmandu to Dhaka
Kathmandu. Nepal Air Service Corporation has prepared to fly directly from Kathmandu to Dhaka, the capital of Bangladesh in the near future. The Corporation has started the necessary preparations and has formed a Feasibility Study Sub-Committee fo...
The value of the US dollar is at an all-time high
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar increased further and reached its highest point so far. Acco...
21.78 points decline in NEPSE, turnover of 3 billion 79 crores
Kathmandu. On the fourth trading day of the week, the stock market NEPSE index fell by 21.78 points to 2543.37. On NEPSE, 83 lakh 22 thousand 338 shares of 321 companies were bought and sold on this day. Today, while t...
What is the foreign currency exchange rate for Monday?
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at Rs 152.08 and the selling rate at Rs 152.68. Similarly, the buying rate of Eu...
6 thousand 40 cylinders of gas are being distributed today
Kathmandu. Nepal Oil Corporation has increased its vigilance to prevent artificial shortage of cooking gas in the market and has asked consumers not to stock up unnecessarily. Chandika Prasad Bhatt, executive director of the corporation, clarified...
An increase of 4.59 points in NEPSE, the turnover is 4.9 billion
Kathmandu. On the fifth or last trading day of the week, NEPSE index increased by 4.59 points to 2640.54. During the day, 104 million 31 thousand 760 shares of 328 companies were bought and sold, resulting in a turnover of 4 billion 908 million sh...