Kathmandu. The Office of Financial Comptroller General has said that the accumulated fund management system (formula system) will remain sluggish until September 26.
Issuing a notice today, the Comptroller and Auditor General said that the formula system will remain sluggish. “Some municipalities have been collecting tax since 7 am, the system is very good in the morning and evening, maintenance of the formula system and increasing the capacity is being carried out,” the OAG said, adding that the formula system will be slow from September 23 to September 23 due to the high number of users from 11 am to 3 pm. We apologize for the inconvenience caused to all. ’
According to the Auditor General, the formula system has been closed for about a week since September 10 due to the uneasy environment in the country and its effect. “Since then, there has been a lot of pressure for all the bodies to operate the system at the same time, due to the great festival of Bada Dashain, all types of outlets and expenditures are being spent due to the work of the system, there is a lot of pressure on the taxpayers to pay tax due to the tax exemption period of the municipalities where the report preparation and audit work is going on, and it has been difficult to provide service at the same time due to the limited capacity of the system,” the notice reads. “Due to the work of increasing the capacity of the system by the Office of the Auditor General during office hours and holidays, there are some problems in the formula system and complaints are increasing in writing and verbally. ’
The local level is facilitating the Consolidated Fund Management System (FORMULA) from the Comptroller and Auditor General.
