Despite trying their best to spend the allocated budget, local bodies failed to spend both capital and recurrent budget. According to the District Treasury Comptroller Office (DTCO), a budget of around Rs 545 million remained unspent in the last fiscal year. Reportedly, 95% of the total sanctioned budget was used by various government authorities.
New York appeals court rules in favor of NRB
The government had sanctioned a budget of around Rs 6.2 billion for the district last fiscal year. Hira Neupane, chief of DTCO informed that a good amount of tax was collected from Udayapur in fiscal year 2017/18. In comparison to previous fiscal years, tax collection increased by 40% in last fiscal year.
In the fiscal year 2016/17, around Rs. 22 million was collected from tax which increased to Rs. 31 million in the fiscal year 2017/18.
