KATHMANDU: The Land Revenue Offices across the country collected Rs 5 billion in revenue in the month of Magh.

The amount of total revenue decreased last month compared to the previous month, it is said.

The Land Management and Record Department stated that the offices across the country collected Rs 315.8 million from service tax, more than Rs 2.68 billion from registration fees and Rs 1.96 billion plus was collected from capital gain tax.

The offices had collected Rs 5.17 billion in revenue in Poush, the Department said.

According to the Department, the total transaction of the real estate property has not increased substantially in recent months.

Last month, a total of 50,837 real estate properties were traded, which was slightly more than the month of the last fiscal year.