Govt drafts bills aiming to regulate e-commerce businesses in Nepal
Photo: hippopx Kathmandu, June 30 The government has drafted a bill to regulate e-commerce businesses . The Minister for Industry, Commerce and Supply Ramesh Rijal has registered a bill to regulate e-commerce business in the National Assembly on June 27. Minister Rijal has stated that the bill has been presented with the objective of legitimising online business activities and subjecting them to taxation regulations. According to officials of the Ministry of Industry, Commerce and Supply, the e-commerce businesses confined within the bill’s scope include advertising, movies, television, music, OTT, data collection, cloud services, gaming, mobile apps, online markets, software supply, data, image download services, education, consulting, skill development and training services, e-books, e-libraries, e-magazines among others. The bill includes a provision stipulating that individuals, firms, companies, or organisations engaged in online business must acquire permission from the ...