Economists urge reforms in tax administration and public finance management

Part of: Economists Urge Tax Reforms, VAT Restructuring, and Fiscal Overhaul in Nepal

Economists participating in a Finance Committee meeting stressed the need for restructuring tax administration, improving public finance management, and enhancing the VAT system's effectiveness. They called for a clear link between economic policy and the national budget, prioritizing economic restructuring and integrating long-discussed reforms. Economists also highlighted the necessity of institutional restructuring within tax administration and suggested a broad-based VAT system with a single tax rate for greater economic benefit.

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