News
Curated tax, accounting, and business-finance updates, reviewed and summarized by our team.
Supreme Court addresses WorldLink royalty and RTDF dues dispute
The case concerned whether WorldLink Communications was required to pay royalty and Rural Telecommunications Development Fund contributions on several service-related income streams. The record states that the disputed support, maintenance, monitoring, installation and relocation charges were treated as part of telecom service revenue for royalty and RTDF purposes.
Read more →ICAN announces online CPE training for 7–12 July 2026
The Institute will hold a virtual Continuing Professional Education training programme from 23–28 Asadh 2083 (7–12 July 2026). Participants will receive 30 CPE credit hours.
Read more →Supreme Court considers writ on civil service pay-scale alignment
A Supreme Court joint bench has issued an order in a writ petition challenging alleged disparities in starting salary scales for gazetted civil servants. The petitioners seek adjustment of pay in line with official hierarchy and earlier parliamentary committee directions.
Read more →Supreme Court reviews tax withholding on retirement fund payment
The Supreme Court considered a writ petition challenging tax deducted from a retirement benefit paid through the Citizen Investment Fund. The dispute centres on whether the applicable withholding rate was 5% or 15% under the Income Tax Act, 2058.
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