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
A significant increase in the import of petroleum products
Parsa. In the six months of the current financial year, petroleum products worth Rs 90 billion and six crores have been imported through Birgunj. During the same period of the current year, petroleum products worth Rs. In the six months of the cur...
Preparation to amend the Nepal Rastra Bank Act
Kathmandu. Nepal Rastra Bank Act 2058 is going to be amended. In order to amend and update the Nepal National Bank Act in a timely manner, the government has drafted the 'Bill to Amend the Nepal National Bank Act, 2058'.
The Ministry o...
Hotel View Bhrikuti has announced a special offer for the English New Year
Lalitpur. Hotel View Bhrikuti has announced a special festive offer for guests on the occasion of Christmas and English New Year 2026. The hotel management said that the offer will be applicable from December 24, 2025 to January 1, 2026.
The price of gold increased again, how much is the transaction?
Kathmandu. Even today, the price of gold and silver has set a record in the local market. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is 39,300 and the value of silver is 6,870.
According...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
What is the exchange rate of which foreign currency on Thursday?
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 144 rupees 18 paisa and the selling rate is 144 rupees 78 paisa. Similarly, the...