Presenting the policy and program of the upcoming fiscal year, President Ram Chandra Paudel has put forward a plan to make the country's economy modern, transparent and technology-friendly. The government has given top priority to the expansion of the digital economy and revenue leakage control in the policy and program of 2083/84. 'All economic transactions will be brought under the digital platform, formalizing a cashless, transparent and revenue leakage-free economy,' said President Paudel. To stop irregularities in foreign trade, the under-invoicing at customs points will be strictly controlled, as stated by President Paudel. The system of refunding all types of taxes, including value added tax (VAT), will be made automated and time-bound to facilitate taxpayers, as mentioned in the policy. It seems that efforts have been made to establish financial governance and connect to the modern digital economy
The government's policy is to bind all economic transactions into a digital platform
Irregularities in foreign trade will be controlled strictly by minimizing corruption at customs points, President Paudel has stated.
