Society
Federal Government Cuts Subsidy to Local Levels Amid Revenue Shortfall
Kathmandu, May 6: The federal government has slashed the Financial Equalization Grant allocated to provincial and local levels due to poor revenue collection in the third quarter of the current fiscal year. According to the Ministry of Finance, only 82.72% of the projected revenue had been collected by mid-April 2081/82, leading to a proportional cut in
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