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Information Technology Park, Nepal
The Information Technology Park (commonly known as Info Tech Park or IT Park), Nepal's only Information Technology Park, is situated between Banepa and Panauti of Kavrepalanchowk District, Nepal, although it comes under Panauti Municipality. It lies about northeast of the capital city Kathmandu. History The Information Technology Park was completed in April 2003 with a total investment of NRs. 270 million (~ million USD). The initiation of the Park was formally done by an American company IBM but it left after nine months. Javra Software Company from the Netherlands had also started work but it too left, stating technical reasons and shifted to Kathmandu. By July 2014, it has not come into operation, as a result of which the Government of Nepal is missing millions of rupees in revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred ...
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Kavrepalanchowk District
Kavrepalanchok District ( ne, काभ्रेपलाञ्चोक जिल्ला; ) is one of the 77 districts of Nepal. The district, with Dhulikhel as its district headquarters, covers an area of . It is a part of Bagmati Province and has a population of 381,937. Information Technology Park is also located in this district. Geography and climate Demographics At the time of the 2011 Nepal census, Kavrepalanchok District had a population of 381,937. Of these, 50.9% spoke Nepali, 33.5% Tamang, 11.1% Newari, 1.6% Danuwar and 1.4% Magar as their first language. 42.8% of the population in the district spoke Nepali, 0.8% English and 0.6% Tamang as their second language. Administration The district consists of 13 Municipalities, out of which six are urban municipalities and seven are rural municipalities. These are as follows: *Dhulikhel Municipality *Banepa Municipality * Panauti Municipality * Panchkhal Municipality * Namobuddha Municipality * Mandandeupu ...
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Nepal
Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain, bordering the Tibet Autonomous Region of China to the north, and India in the south, east, and west, while it is narrowly separated from Bangladesh by the Siliguri Corridor, and from Bhutan by the Indian state of Sikkim. Nepal has a diverse geography, including fertile plains, subalpine forested hills, and eight of the world's ten tallest mountains, including Mount Everest, the highest point on Earth. Nepal is a multi-ethnic, multi-lingual, multi-religious and multi-cultural state, with Nepali as the official language. Kathmandu is the nation's capital and the largest city. The name "Nepal" is first recorded in texts from the Vedic period of the India ...
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Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques for pro ...
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Banepa
Banepa ( ne, बनेपा) is a municipality and historical town in a valley situated at about above sea level in central Nepal which is at about east from Kathmandu. At the time of the 2011 Nepal census, it has a population of 55,528. The main attraction of Banepa is the temple of Chandeshwori, located approximately northeast of the town along the Rudramati River. The Dhaneshwor Temple is 1km south of the town. Banepa is also known for its eight different temples of Lord Ganesh, Narayanthan (the temple of Lord Narayan), Bhimshenthan (the temple of Lord Bhimshen) and eight different ponds. History Some of the ancient names of Banepa were Banepur, Baniyapur, Banipur. As it had trade relationship with Tibet from ancient period, Banepa is also known as "Bhont", "Bhonta", "Bhon dey (भोंदेय्)". Banepa is the combination of two words i.e. "Bane" means ' Business' and "Pa" means 'Place'. Therefore, "Banepa" means 'Place of Business'. It is believed that when entir ...
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Panauti
Panauti ( ne, पनौती) is a municipality in Kavrepalanchok District in Bagmati Province of Nepal located 32 km Southeast of the capital Kathmandu. The town is currently listed as a UNESCO tentative site since 1996. Origin Panauti is a historical city in Nepal, originally it was a small state given by King Bhupatindra Malla as a dowry to his sister. This town has a population of under 15,000 people and a few prominent icons, such as the Indreswor temple and Panauti (Layaku) Durbar square found in the town center. At the end of the 0th Century, Panauti was finally integrated into the unified kingdom of Nepal, along with Kathmandu, Patan, and Bhaktapur, which are all former capital cities of the Kathmandu valley. Panauti was a trading hub along the ancient Salt Trade route between Tibet and India. Actually, the recorded history of Panauti goes back to the first century AD. However, with the end of the Salt trade in the 1950s and the construction of the Arniko Highway ...
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Panauti Municipality
Panauti ( ne, पनौती) is a municipality in Kavrepalanchok District in Bagmati Province of Nepal located 32 km Southeast of the capital Kathmandu. The town is currently listed as a UNESCO tentative site since 1996. Origin Panauti is a historical city in Nepal, originally it was a small state given by King Bhupatindra Malla as a dowry to his sister. This town has a population of under 15,000 people and a few prominent icons, such as the Indreswor temple and Panauti (Layaku) Durbar square found in the town center. At the end of the 0th Century, Panauti was finally integrated into the unified kingdom of Nepal, along with Kathmandu, Patan, and Bhaktapur, which are all former capital cities of the Kathmandu valley. Panauti was a trading hub along the ancient Salt Trade route between Tibet and India. Actually, the recorded history of Panauti goes back to the first century AD. However, with the end of the Salt trade in the 1950s and the construction of the Arniko Highway i ...
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Kathmandu
, pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Province , subdivision_type2 = District , subdivision_name2 = Kathmandu , established_title = , founder = Manjushri , parts_type = No. of Wards , parts = 32 , seat_type = , seat = , government_footnotes = , government_type = Mayor–council government , governing_body = Kathmandu Metropolitan Government, , leader_title = Mayor , leader_name = Balendra Shah ( Ind.) , leader_title1 = Deputy mayor , leader_name1 = Sunita Dangol (UML) , leader_title2 = Executive Officer , leader_name2 = Basanta Adhikari , unit_pref ...
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Nepalese Rupees
The Nepalese rupee ( ne, रुपैयाँ; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 ''paisa''. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1. The Nepalese rupee (रु) has been pegged to the Indian rupee (₹) at the rate रु1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु1.45 = ₹1. History The rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. At first, the rupee was called the ''Mohru'' in Nepali. The "Bullet paisa" In 1955, 4 Paisa coins were minted, made from rifle cartridge cases from World War II that were used by the Gurkha soldiers who fought against the Imperial Japanese in the Pacific. The coins were produced by removing the primer from the cases an ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ...
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Government Of Nepal
The Government of Nepal ( ne, नेपाल सरकार) is the federal executive authority of Nepal. Prior to the abolition of the Nepali monarchy in 2006 (became republic in 2008), it was officially known as His Majesty's Government. The head of state is the president and the prime minister holds the position of the head of executive. The role of president is largely ceremonial as the functioning of the government is managed entirely by the prime minister, who is appointed by the Parliament. The heads of constitutional bodies are appointed by the president on the recommendation of Constitutional Council, with the exception of the attorney general, who is appointed by the president on the recommendation of the prime minister. History Old Bharadari governmentship The character of government in Kingdom of Nepal was driven from consultative state organ of the previous Gorkha hill principality, known as Bharadar. These Bharadars were drawn from high caste and politically i ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ...
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Ministry Of Industry (Nepal)
The Nepalese Ministry of Minister of Industry, Commerce and Supplies ( ne, उद्योग, वाणिज्य तथा आपूर्ति मन्त्रालय) is a governmental body of Nepal to monitor and manage industries of the country. One of the major sub departments is the Department of Industry, which is responsible for the implementation of rules and regulations made by the ministry. In 2018, under the second Oli cabinet, the portfolio of the ministry was enlarged and the portfolios of ''Commerce and Supplies'' was added to the then ''Ministry of Industry'', while the ''Ministry of Commerce'' was discontinued. Key functions of the ministry include the creation of a conducive atmosphere for industrial development and investment promotion, tasks of regulation and facilitation of internal, bilateral, and regional trade, and the protection and building of industrial infrastructure and intellectual property rights. The ministry also engages in the formulati ...
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