August 24, 2019, Kathmandu
MoCIT Minister Gokul Prasad Baskota has said that the tax evaders do not want to take digital financial services.
Addressing a state-level conference on digital financial services held in Mirable Resort at Dhulikhel, organized by the Computer Association of Nepal (CAN) Federation Kavre District In association with IME Pay, Minister Baskota said that tax evaders do not want to receive digital financial services. He said, “These types of evaders are favoring corruption as of now, with the gradual reduction in corruption rates they’ll be forced to take these services, we need to focus our attention towards this issue.”
Baskota said that the government had taken some ruthless policies against corruption, and thus, the bureau is more attentive to these situations.
Digital Financial Services is a wide range of financial services, including payments, remittances, insurance, savings, credits that are conducted digitally. These services can quickly expand the work of innovative stores and payment platforms. These services lower the rate of corruption with more transparent handling of money and also helps the nation to attain economic growth. Nepal Rastra Bank released the e-banking guidelines in 2012, but the wide-horizon of DFS is yet to be covered by Nepalese companies. Minister Baskota remarked that the proper usage of DFS could surely limit if not eradicate corruption and that is the prime object of the government. Financial inclusion provides better opportunities for low-income groups to attain essential business services, and it aids towards alleviating poverty. Different financial regulators from all around the world have emphasized the role DFS can play and hence provide a stable and growing economic status for the nation.
In the seminar, CAN Federation President Mr. Hemant Chaurasiya, IPP Mr. Binod Dhakal, Senior Vice President Mr. Nawaraj Kunwar, Vice President Mrs. Sunaina Ghimire Pandey, General Secretary Mr. Ranjit Podar, Joint Treasurer Mr Shekharnath Dulal, Central Executive Member Chiranjibi Adhikari, Shyamkal Shrestha, Province 3 President Prabhat Shrestha, Province 3 district president and executive members were present. The Seminar is chaired by CAN Federation Kavre district President Mr. Jayaram Humagain and coordinated by Mr. Ananda Dahal. At this seminar, all participants, delegates, speakers and guests are filled the online form system which was developed by the board member of CAN Federation Kavre district Mr. Ashok Kuikel Dr. Pramod Parajuli and a representative from IME Pay Mr. Madhav Katuwal are the resource person of this seminar.
