NATTA organised a brief meeting with Dr. Jeevan Amgain, Member of Revenue Advisory Board, Ministry of Finance on 06th May 2022 at NATTA Secretariat. The meeting was organised to discuss the upcoming budget of the Nepal Government as well as the long term policy intervention of the tourism industry. The meeting highlighted the issues related to a rebate of foreign currency income to tourism based companies to support and motivate them, exemption of Value added tax (VAT) until full recovery of tourism or for a minimum of 5 years. Other relevant issues of travel and tourism related to refinancing, investment of tourism infrastructure, providing industry status to the Tourism sector, continuing 1% income tax, subsidized loan facility, e-visa with online payment system, and MICE tourism were discussed.
A 21 points suggestion paper regarding the financial issues was submitted to Dr. Amgain. He assured NATTA to lobby for the issues Ministry of Finance for including the trade concerns in the upcoming budget.
Present in the meeting were President Mr. Ramesh Thapa, Senior Vice President, Mr. Pramod Dahal, Secy. General Mr. Kumar Mani Thapaliya, Secretary Ms. Yubika Bhandari, Treasurer Mr. Raj Kumar Devkota, and Executive Member Mr. Ram Sovit Nayak.