Ncell honored as highest taxpayer

KATHMANDU

Ncell has been honored as the highest taxpayer. Lalitpur Metropolitan City (LMC) recognized Ncell as the highest taxpayer on Tuesday for its significant tax contributions in the last fiscal year under the institutional taxpayer category.

Prime Minister KP Sharma Oli and Mayor of LMC, Chiribabu Maharjan, jointly presented a certificate of honor to Ncell’s Chief Executive Officer and Managing Director, Jabbor Kayumov, at a special ceremony organized to mark the 106th anniversary of LMC’s establishment.
LMC states that Ncell was honored for its substantial tax contributions, which have supported the development and prosperity of LMC. Ncell has long been recognized as one of the leading companies in terms of tax payments to the government.

“We are grateful to Lalitpur Metropolitan City for recognizing our contributions and honoring us. As one of the major taxpayers, we make substantial tax contributions to the government every year under various tax and fee categories. We are proud to have played a crucial role in the country’s economic growth and development, contributing directly and indirectly,” said Jabbor Kayumov, Chief Executive Officer and Managing Director of Ncell.

In the past, Ncell has also been recognized by the government on several occasions as the highest income taxpayer and highest taxpayer, among other accolades.

Since its establishment, Ncell has paid more than NPR 300 billion in taxes and fees to the government as of the last fiscal year, 2023/24. In the last fiscal year alone, Ncell paid NPR 20.30 billion in taxes and fees. Additionally, under its Corporate Social Responsibility (CSR) initiatives, Ncell has contributed over NPR 2 billion, reaching community levels in all seven provinces and benefiting more than 13 million people across the country directly and indirectly.