Explain the salient features of the Industrial Entreprises Act, 2016. How far this act is suitable for the development of industries in Nepal?
Features and Suitability of Industrial Act 2016 The key features of the Industrial Enterprises Act, 2016 are as follows: i. Encouraging Investment: The Act offers benefits like tax holidays and reduced duties to encourage people to invest in industries. These incentives make investing in industries more attractive for both local and foreign investors. ii. Foreign … Read more