CG Group Pays NPR 25.59 Arba in Taxes, Contributes 2.3% to Nepal’s Total Revenue

CG Group, one of Nepal’s largest and most diversified business conglomerates, has paid NPR 25.59 Arba in taxes in the last fiscal year, contributing nearly 2.3% of the country’s total revenue. This significant tax contribution highlights the group’s consistent role in strengthening Nepal’s economy and supporting government development programs.

CG Group’s Tax Contribution Recognized by Finance Minister

During a recent meeting with Finance Minister Rameshwar Khanal, CG Group’s Managing Director Nirvana Chaudhary expressed appreciation for the government’s acknowledgment of the company’s tax contribution. Although Nepal currently lacks a formal system to publicly honor corporations that make large tax payments, the minister’s recognition reinforced CG Group’s longstanding commitment to responsible corporate governance.

Chaudhary noted:

“We are grateful that our contribution was recognized, even in the absence of a formal framework to honor corporate tax payments.”

A Consistent Contributor to Nepal’s Revenue System

CG Group operates across multiple sectors, including consumer goods, telecommunications, hospitality, real estate, and financial services. Its diversified portfolio has helped maintain stable revenue streams even during economic uncertainties.

Key highlights of CG Group’s contribution:

• NPR 25.59 Arba tax payment in the last fiscal year
  
• Represents 2.3% of Nepal’s total government revenue
  
• Reflects the group’s long-term commitment to tax compliance
  
• Demonstrates strong business performance across multiple sectors
  

This continued contribution makes CG Group one of Nepal’s most reliable corporate taxpayers.

The Broader Impact of Corporate Tax Compliance

Large corporate taxpayers like CG Group play a crucial role in funding national priorities such as infrastructure development, public services, education, and social welfare programs. Their commitment to transparent tax practices strengthens the government’s ability to deliver long-term development goals.

The recognition from the Finance Minister serves as a reminder of the importance of corporate accountability in nation-building.

Conclusion

CG Group’s NPR 25.59 Arba tax contribution underscores its position as a major economic pillar in Nepal. The acknowledgment by Finance Minister Rameshwar Khanal, even without a formal recognition system, highlights the company’s growing influence and its commitment to supporting Nepal’s fiscal structure.

As Nepal continues to prioritize economic stability and growth, consistent corporate taxpayers like CG Group remain essential partners in the country’s progress.