Research Article
The Socio-economic Impact of Ayurvedic Medicine Business on Livelihood of Local People in Nepal
Issue:
Volume 14, Issue 1, March 2026
Pages:
1-10
Received:
25 November 2025
Accepted:
6 January 2026
Published:
30 January 2026
DOI:
10.11648/j.sjbm.20261401.11
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Views:
Abstract: This paper revels that the socio-economic results of the Ayurvedic healthcare industry on the living of local residence in Nepal. It also examines current trends and difficulties in medicinal plant cultivation, the economic circumstances of those participating in the region, and plans for sustainable harvesting and preserving quality. It is based on descriptive and analytical research design by using first-hand information gathered through closed-ended questionnaires. After the data collection, final analyzed the data by computer software and implemented descriptive statistics method. The Ayurvedic medicine sector in Nepal, provides various opportunities for local economic development by increasing cultivation, processing, and commercialization of medicinal plants. Nevertheless, there are various difficulties obstructing the understanding of these possible advantages. Offering consistent manufacturing grades in Ayurvedic medicine will boost consumer confidence and expand market reach. The Ayurveda industry supplies notable employment opportunities and provides as a footpath for entrepreneurship, especially for women encouraging their empowerment and financial self-determination. The workforce mainly consists of older, married individuals, who view it as a safe source of income. The impact on livelihoods is moderately positive, driven by job creation and income generation. These factors show a weak but positive link to livelihood improvement no single one is essential but combining them creates much stronger results. Innovations like digital marketing and improved production methods are expected to boost productivity and market reach. Adopting modern technology will drive product innovation and operational efficiency. Despite promising market opportunities and government support, further advances in finance, policies, and technology are still needed.
Abstract: This paper revels that the socio-economic results of the Ayurvedic healthcare industry on the living of local residence in Nepal. It also examines current trends and difficulties in medicinal plant cultivation, the economic circumstances of those participating in the region, and plans for sustainable harvesting and preserving quality. It is based o...
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Research Article
Essence of Electronic Tax Systems in the Management of Taxes
Issue:
Volume 14, Issue 1, March 2026
Pages:
11-16
Received:
5 January 2026
Accepted:
19 January 2026
Published:
30 January 2026
DOI:
10.11648/j.sjbm.20261401.12
Downloads:
Views:
Abstract: The deployment of technological innovations to enhance efficiency and accuracy has led to a considerable impact on various commercial sectors globally. In the absence of relevant technological innovations, it would have been burdensome to capture, let alone store and process voluminous commercial transactions. The present paper aims to expounding the significance of electronic device machines (EDMs) as a technological innovation in the management of taxes. A review methodology was utilized to analyze extant literature with regards to the topic. A predetermined inclusion and exclusion criteria was employed to determine the relevance of papers that were analyzed. Through thorough synthesis of articles that were analyzed, the study found four benefits of EDMs as a technological innovation in the management of taxes. Firstly, EDMs prevent tax data manipulation which is rampant when taxes are collected manually; secondly, EDMs allow for real-time transactions where tax data is instantly sent to tax collecting bodies thereby improving efficiency; thirdly, EDMs prevent tax evasion thereby enhancing revenue collection; and finally, EDMs provide tax audit trail from the data sources thereby enhancing tax compliance. In a nutshell, adoption of EDMs as a technological innovation is vital in the process of managing tax as it minimizes challenges faced by tax collecting bodies when the exercise is done manually.
Abstract: The deployment of technological innovations to enhance efficiency and accuracy has led to a considerable impact on various commercial sectors globally. In the absence of relevant technological innovations, it would have been burdensome to capture, let alone store and process voluminous commercial transactions. The present paper aims to expounding t...
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,
Manamaya Mishra*
