Lalitpur Metropolitan City (LMC) recognised Ncell as the highest taxpayer on Tuesday for its tax contributions in the last fiscal year under the institutional taxpayer category.

Prime Minister KP Sharma Oli and Mayor of LMC, Chiribabu Maharjan, jointly presented a certificate of honour to Ncell’s Chief Executive Officer and Managing Director, Jabbor Kayumov, at a special ceremony organized to mark the 106th anniversary of LMC’s establishment, Ncell said in a statement.

“We are grateful to Lalitpur Metropolitan City for recognising our contributions and honouring us. As one of the major taxpayers, we make substantial tax contributions to the government every year under various tax and fee categories,” the statement quoted Kayumov as saying.

“Since its establishment, Ncell has paid more than Rs 300 billion in taxes and fees as of the last fiscal year 2023/24 to the government,” reads the statement. “In the last fiscal year alone, Ncell paid Rs 20.30 billion in taxes and fees.”