Ncell Axiata Capital Gain tax issue

From one end to the other, the telecommunication giant Ncell is doing everything to escape its tax laibility. With the controversy there has been number of stories that has build, the recent one is the involvement of the prime minister and how he is holding the Nepal government staffs from taking action against Ncell for not paying tax. It has surfaced that Ncell has paid a hefty amount to the Party in context of making the settlement before the election.

This case has questioned the current Nepal Government's interest and action mechanism upon why they have not been able to take any action against Ncell. 

In the past When TeliaSonera sold Reynolds Holdings shares in Ncell to Axiata for over $1 billion, Nepal’s Large Tax-payers’ Office had said Reynolds owed the government Rs35 billion in taxes and demanded it pay the amount and fines to a total of Rs61 billion.

Ncell Nepal refused to pay that full amount, and transferred only Rs21 billion capital gains tax. After this, the writ was filed, and the Supreme Court on Wednesday also rejected a case filed by Ncell.

The case became controversial after two foreign investors traded ownership of a Nepal-based telecom company. Since TeliaSonera has already left Nepal, the Court found that the buyer is liable to pay capital gains tax if the seller did not.

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NAC Airbus A330-200 wide body controversy

The Nepal Airlines Corporation(NAC) wide body aircraft purchase controversy  has been hugely criticized for its entire process and obligation. The fact from the Airbus website clearly showing Nepal Airlines receiving the Airbus A330-200 aircraft on behalf of HiFly Airlines of Portugal clearly shows the foul play. Apart from that two aircraft have been bought for Nrs  24 billion where as per  international rates, one aircraft cost around Nrs 24 billion.

This also showcases the strategic level of organized corruption in  leadership level to bureaucratic of the Nepal government.  It has been estimated that around 25 percent of the funds are in view of corruption.

The first of the two Airbus A330-200 aircraft was delivered to NAC on June 28 and the second plane on July 26. The national flag carrier had purchased the aircraft from US-based AAR Corporation for around Rs 24 billion. NAC had taken a loan of Rs 12 billion each from Citizen Investment Trust and Employees Provident Fund at 10.5 per cent interest rate to buy the planes.

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Australia Nepali Student controversy

With the cancellation of AIBT registration from the Australian government around 1200 nepali students have been stranded in Australia. The case came into action when the  Council of International Student Australia (CISA) filed a petition about the AIBT status of nursing affiliation.  AIBT was running nursing programs without acquiring certification from the required  department of the Australian government. In view of this, the Australian Government cancelled the registration of AIBT citing the wrong practice of operation against the education Law.

So the bottom's line is consultancy in Nepal were selling the nursing program here in Nepal with the assumption of the college about to get certification for the program and assuring the student of a sexy dream abroad.


so who's mistake was it ?

1. Student who fail to check the registration and followed the trend of abroad studies
2. Government who fails to give awareness
3. Parent who lack to check the details
4. consultancy who sell the cheap dream of abroad
5. Australian Embassy that fails to validate the students interest



Things to remember 

1. Check the registration of the colleges
2. Check if the program enrolled to be accredited by the government
3. Stop being a ash see being smart lands you in shit
4. Listen to your parents
5. Always be wise to check and ask for pre-registration information with the college or consultancy




  

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Song pressured to take down from Youtube in Nepal

With the controversial satirical song “Lutna Sake Lut” against corruption and misappropriation, singer Pashupati Sharma has been pressured by the ruling top political leaders and the youth wing of the Nepal Communist Party (NCP) to take down the video from his official channel. And as a result of the intimidation the singer has taken down the song from his official channel.

The singer had released the song on Saturday where the song trended the social networking site with high numbers.

Though there has been a silent reaction from the government but indirectly the political leaders pressured the singer to take down the song.

The song talks about the current corruption and the  misappropriation that is going on in the country in the name of politics. From the president to the prime minister to the ruling party the singer has blamed the corruption and misappropriation to be part of the system.

This practice from the ruling party shows the limitation and attitude of Community party towards the people's right and Freedom of expression. We live in democracy and our constitution ensures democracy. Every word that he has said is true and what kind of system is this where people do not have the right to speak the truth....

In democracy every person has the right to speak, may be the singer went to far by using the flags and other details but why are the political party and their representative threatening him. Are these the same people who call themselves leaders, who cannot hear few words of criticism and they say they represent the people.

Democracy ensure freedom of expression and freedom of speech as a  fundamental right. If the political party or leaders have a problem, they should have filed a case.

What kind of culture is this that political leaders and their cadets think they can intimidate and threaten people.

Sad sad sad the people in government need to understand this that in democracy people can stand against them and their decisions.
During this regime there has been a rise of corruption and misappropriation which is open to all and if people are citing it with their creativity and talent then let me tell you such people should not be called leaders. They are cowards ......


STOP threatening and intimidating ............................




 

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Tootle and Pathao legality questioned

Tootle and Pathao, both the services have been very effective in terms of providing services and cheaper transportation to the locals. Looking at it from consumer point of view, it is certainly a great form of innovation and technology ending the syndicate of  taxi system that ruled the public transportation system. I am not hesitant to say this that a new system has come up with a better option but my question is if a service that is good has been defined illegal by law what should be corrective action.

1. Keep it running for year till the time something bad happens 
2. Work on the policy and governance 
3. Give benefit of doubt when its leaders are moving around promoting their agendas of highlighting  youth empowerment which is yet a business model 

Few days back the arrest of the riders  of Pathao has created a ripple about the legality of such service. The companies have been justifying their operation in the name of providing service and employment to the youth.

Tootle is a company lead by a group of businessman and Pathao is a franchise both of these company aspire to be a leader in public transportation as GOZEK and GOGRAB.

1. The question that arises here is in a developing country like our's where there is lack of visibility of governance such services needs a broad spectrum of policies and regulation. 
2. These service have been operational here for more than 2 years. In the name of innovation how long should they be given a benefit of doubt.
3.  In the age of technology and innovation if legality is not clearly will it be able to do justice to its service with its illegal status. As there are more issues of privacy and data that can be of concern   

 
According to vehicle and transportation act 2049 article 8 sub section 2 , "It is illegal for any private number plate to transport people by taking money."
It clearly says there is no provision for services like tootle and Pathao to exist in our transportation system.  When the law has no provision how come such services have legal existence ?

Another question is these companies are here to make money they are not a volunteering company. They are here to make money so why aren't they bound to be accountable to the law. If they are then what is their legal status when there is no provision of existence of such service.

I think the current move of Nepal government  has opened a broad way for the amendment and development of proper policy. Defying and denying the government move is a question of  legality.

Why are the nepali people  so offensive about the role and position of government ? why cant we standardize the legal definition

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KP Sharma Oli New Shoe Controversy

Nepal being one of the least developed country, it's political leaders find themselves involved in various action that are more subjected to moral and ethic questioning. These issues may not look important from the point of view from an external eye but for internal eye they are very relevant.

While attending the World Economic Leaders meeting, the KP Sharma Oli has been criticized for wearing a Louis Vuitton Shoe.

Man what the Pumpking he is the prime minister of Nepal, what is he suppose to wear a GoldStar shoe. Who knows, he might have got that shoes as a gift or he might have bought it in a sale. There are number of possibility that might have occured.

Nepalese are so dam sarcastic, they are not talking about the business class air flight that he might have taken which should be 5 or 6 times more than normal economical flight and they are talking about the shoes that he is wearing. One shoes is affordable for a prime minister. I question the GK of the person who had a question about that. 

Sometime I feel so sad of all these foolish trolls and memes that goes around, one lakh shoes is within his reach people.

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President of Nepal in yet another controversy

After the 180 Million car controversy, it seems president of Nepal Bidhya Devi Bhandari cannot keep herself away from  controversy. She is once again dragged into another controversy which seems very loud where she has no connection and yet she is being made the main culprit.

The new controversy is about  a helicopter which is 1 Arba 50 crores   that is like 8 times more than the 180 million car.

The Nepal government clearly gave the explanation of 180 million car to be a fleet of cars. In view of this the Nepal Army sanction the helicopter from the ministers  and has forwarded the purchase. It has been mentioned that the helicopter will be used only by the president. spending so much of money for one person is a question of efficiency and effectiveness.

Moreover, there can be issues of organized corruption of commission where Nepal Army due to its legal entity is kept away from  CIAA jurisdiction.

A country which  is believed to be a least developed country and has major issues of education, health, food, many other infrastructure, has a purchase list of billion for so called one person. How smart is that? 

The political culture of Nepal has promulgated political leaders who aspires to buy new cars and helicopter at the price of people hard pay tax.   

 I kind of wonder if these crazy ideas of buying billion rupees cars and helicopter are ideas of a sane person.

What a joke ?

MURDABAD MURDABAD

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180 million car Controversy

Out of the latest update from the office of  President of Nepal, once again Bidhya Devi Bhandari is in controversy for the vehicle procurement. The Nepal Government  recently submitted the need of 180 Million for the acquring the bullet proof vehicle for the president. As soon as the news were out the social media was on fire. The whole need of expense for the transportation  was criticized from all.

The reality 1. Bidhya Devi Bhandari didn't apply for the money, the Nepal Government did
2. Nobody looked into the details of how many cars were being purchased but that doesn't justify buying expensive car in any way

Out of all the facts, once again Bidhya Devi Bhandari was dragged into the controversy due to the Nepal government competence.

My argument
1. why do we need such a budget.We are a least developing country if there is a crisis of armed vehicle why should our government buy the vehicle at the cost of tax payers money. High profile dignitaries who have the need will bring their own vehicle
2. Why is Nepal Government more interested in buying sorts of luxury item. For public they have impose 280% vehicle tax as considering Car vehicle in luxury and they are buy such big expensive cars.
3. With that money new schools and education infrastructure can be set up why the Nepal government is not interested in such activities.

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Keshab Sthapit Sacked

With the increasing misbehaviors and no performance of the Keshab Sthapit the Physical Infrastructure and Development  has been sacked by chief Minister Dormani Poudel. After the consultation of CM Poudel with  Nepal Prime Minister KP Sharma Oli at Manmohan Cardiothoracic Vascular and Transplant Centre of Tribhuvan University, the decision was taken in action.
Sthapit has been sacked under Article 169 (2) (b) of the Constitution.

It was reported that minister, Sthapit misbehaved with the CM and used foul language. A large chunk of the provincial budget has been allocated to Sthapit’s ministry, but he has not been sincerely mobilising it. Sthapit’s ministry has received Rs17 billion budget for this fiscal.

The political culture of Nepal sincerely has no standard in terms of having a effective qualification for being a minister. Any one from the road can be picked and made a minister in view of how one can pitch.

The country is facing this problem not just from the one side but from all sides where for public service only the best of the best qualify but when it comes to the visionary leaders there is none criteria. Its really disheartening to such a practice where leadership is not considered or idealized in a protagonist way.

People like Sthapit may be vocal in their manifesto of the election but when it comes to the real action they lack consistency. 

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