KMC has collected arrears of Rs 70 million from large taxpayers

Kathmandu, February 8

The Kathmandu Metropolitan City (KMC) has recovered Rs 70 million in arrears from large taxpayers, who had not paid land, house and property tax for the past 28 years.

Taxpayers have started coming in contact and paying arrears after their names were published in the first month of the current fiscal year.

Five taxpayers have already come in contact with the KMC and set a time to pay tax and others are coming in contact. Chief of Department of Revenue, KMC, Dr Shiva Raj Adhikari, said that the KMC had published the names of 52 big taxpayers in two phases in the first month of the current fiscal year. The Department has now been collecting tax as a campaign as a preparation to recover Rs 700 million from taxpayers who have been dilly-dallying to pay taxes for long.

The deadline to pay tax has been extended as demanded by the taxpayers who came in contact with the Department. The Department has made preparations to take legal action against those who have not come in contact with the authorities.