The government of Nepal has introduced a new rule to make it simpler for businesses to operate. This new rule cancels the fines that companies had to pay when they wanted to close their business.
Previously, businesses faced penalties if they decided to stop operations, making it harder for them to shut down. Now, the government has removed these fines, allowing companies to dissolve without extra costs.
The government has also made it easier to register new companies. The process has been simplified, so anyone wanting to start a business can do it more quickly and easily.
These changes aim to make Nepal more business-friendly by removing unnecessary problems for entrepreneurs. It is expected to encourage new businesses, create jobs, and improve the country’s economy.
The decision was made during a Council of Ministers meeting and is part of a plan to promote economic growth in Nepal.
We will update the article when we get further information from the official sources.
