Kathmandu. The government-to-be-formed Alternative Development Finance Company is going to take deposits from banks and financial institutions. Keeping in mind individual and institutional depositors, the fund has proposed an exemption in income tax. The bill prepared by the Ministry of Finance to make provisions for the mobilization of alternative development finance has announced an exemption … Continue reading Finance company to seize bank deposits worth Rs 50 billion, huge income tax exemption for individual and institutional depositors