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Nirdosh Ghorsaine

Customs issues notice to Jagdamba Overseas, directing to deposit Rs 10.3 mln in evaded revenue

The Customs Office has issued a notice to Jagdamba Overseas, owned by Sulav Agrawal of the Shanker Group, directing the company to deposit Rs 10.3 million in evaded revenue after allegedly manipulating ASYCUDA of the Department of Customs. Accord…

Sulav Agrawal’s Jagdamba Overseas evades Rs 7.1 mln revenue on imported tobacco sticks

Jagdamba Overseas Pvt. Ltd., a company under the Shanker Group, has been found evading more than half of the applicable taxes on a special type of cigarette designed for use in electric smoking devices. The company allegedly colluded with customs…

ITC Group and Surya Nepal vow continued investment despite unrest

India's multinational company ITC Group and its subsidiary, Surya Nepal Pvt. Ltd., have committed to continuing their long-term investment plans in Nepal, amidst the new situation created following the Gen Z movement and subsequent government ch…
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