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Nepal Life Credits 5% Bonus Shares to Eligible Shareholders

Shareholders who held Nepal Life Insurance shares as of Poush 7, 2082 BS have now received their 5% bonus shares directly into their respective Demat (beneficiary) accounts.

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Nepal Life Credits 5% Bonus Shares to Eligible Shareholders

Nepal Life Insurance Company Limited (NLICL) has credited 5% bonus shares to the beneficiary (Demat) accounts of its eligible shareholders. The bonus shares were approved during the company's Annual General Meeting (AGM) held on Poush 19, 2082 BS. According to the company, the bonus shares have been deposited into the Demat accounts of shareholders who were registered as eligible after trading on NEPSE up to Poush 7, 2082 BS, the book closure date for the purpose of the dividend distribution. Shareholders are advised to check their respective beneficiary accounts to verify the credit of the bonus shares.

Nepal Rastra Bank Publishes Thursday's Foreign Exchange Rates; US Dollar at Rs. 149.61

Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Thursday. The buying rate of one US dollar has been fixed at Rs. 149.61 and the selling rate at Rs. 150.21. The British Pound Sterling has recorded the highest value among the major currencies listed, with a selling rate of Rs. 200.16.

Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

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Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

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Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

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