Open AccessTax Revenue of Nepal: Assessing the Impact on GDP
Author(s) -
Khom Raj Kharel
Publication year - 2021
Publication title -
interdisciplinary journal of management and social sciences
Language(s) - English
Resource type - Journals
eISSN - 2738-9766
pISSN - 2738-9758
DOI - 10.3126/ijmss.v2i1.36745
Subject(s) - revenue , tax revenue , christian ministry , government revenue , order (exchange) , government (linguistics) , economics , business , total revenue , finance , agricultural economics , public economics , political science , linguistics , philosophy , law
This study examines the economic impact of tax revenue and economic growth of Nepal, from 2000 to 2018. In order to attain the objectives, relevant time-series secondary data were collected from the Economic Survey published by Ministry of Finance, Quarterly Economic Bulletin published by Nepal Rastra Bank, Revenue Department and previous works done by scholars. The collected data has been analyzed by using linear regression model. The results display that tax revenue and total revenue has a positive significant effect on GDP. The trends of tax revenue has signified the positive trends but not sufficient to meet the government expenditure of Nepal.