In FY 2021/22, 13.09% of the total budget was allocated under the “Undivided” Abanda heading. This allocation was 11.14% in FY 2022/23, and 8.22% in FY 2023/24. While there is a declining trend in budget allocation under this heading, a significant amount continues to be allocated to this category. Fiscal
Gandaki Province Private Firm Registration Act, 2021 aims to cultivate a thriving economywithin the province by promoting economic interests and facilitating citizen initiatives inestablishing and managing private firms engaged in industry, trade, or business. The Act’s majorgoal is to ensure that private enterprises function within a regulated framework, promotingeconomic growth.
Nepal has long been committed to the principles of proportionality, inclusivity, and participation. These values are reflected in its laws and regulations, which seek to ensure economic equality and social justice. By guaranteeing equal access to business activities for all, irrespective of their backgrounds, we can create a diverse, inclusive,
Private firms serve as the means through which individuals engaging in business, trade, and industry safeguards their economic rights, access financing, make secure self- investments, and participate in market competition. Although the primary objective of private firms is to generate profits, owners seek legal recognition through registration and periodic renewal
