Chairman of Sipradi Trading Pvt. Ltd. (also Tata’s official distributor for Nepal) Siddhartha Rana has been honored as the highest tax-paying businessman from personal income in the fiscal year 2077/78 BS.
The government has honored Rana on the occasion of National Tax Day 2078 BS. Rana, who has been honored as the highest taxpayer even in previous years, was surpassed by Bijay Shah of Jawalakhel Distillery last year.
Sipradi Trading, of which Rana is the Chairman, has been acting as the official distributor of Tata vehicles in Nepal. Also, Sipradi Auto Parts, Sipradi Energy, and Sipraddhi Assured have been doing automobile-related business under Sipradi Trading. Apart from this, he is involved in Himalayan International Energy Pvt., Bhotekoshi Power Company, Tara Management Pvt. Ltd., Surya Fund, Soaltee Group, Amravati Travel, M Trip, Surya Nepal, and other companies.
Rana is also known as a businessman who believes in doing transparent business. The companies involved have not been involved in tax disputes so far. That is why he is constantly being honored as a person who pays more taxes personally.
