Prime Minister KP Sharma Oli said on Friday that the recently accomplished Ncell deal was subject to capital gains tax as per the law of the land. 

“According to the government’s point of view, the deal was applicable to taxation and the government has acted accordingly,” said Oli. “Hence, the deal was brought under the tax bracket.” Defending his Cabinet for maintaining silence on the matter, PM Oli said, “There is tax office and there are tax officials, and tax issues are discussed there, not in the Cabinet and the Prime Minister’s Office.”