Abolition of excise duty on 360 items, huge increase in alcohol, junk food and energy drinks
-
Media Baaji
- Sat, 30 May 2026
Kathmandu. The government has made extensive changes in various tax rates through the Economic Bill 2083. Presenting the budget for the next fiscal year 2083, 84, Finance Minister Swarnim Wagle informed that the excise duty levied on 360 different items has been completely abolished.
Although the government has removed excise duty on many items with the aim of providing relief to the common people, it has increased the excise duty rates on items that affect health and the environment such as alcohol, tobacco, junk food, dyes and juices. According to the new economic bill, the tax structure of daily consumption and other food items has been changed. According to which, the excise duty of gud, sakhkhar and bheli has been increased from 138 rupees to 140 rupees and the excise duty of sugarcane has been increased from 100 rupees to 115 rupees per quintal.
Related News
Gold and silver prices are at an all-time high
Kathmandu. On Monday, the price of both gold and silver was the highest ever. The Nepal Gold and Silver Business Federation has fixed the price of gold at 261,700 rupees per tola on this day. Which price is 3 thousand 400 rupees more than the prev...
Vijay Laguvitta's FPO will be distributed on Friday
Kathmandu. Preparations have been made to distribute this week to the FPO of Vijay Microfinance Financial Institution. Sales manager NMB Capital is preparing to distribute the FPO on Friday. By the last day, 22 lakh 99 thousand 252 people had appl...
What is the foreign currency exchange rate on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate ha...
Unseasonal rain in Morang has reduced paddy production, farmers are worried
Morang. In terms of rice production, Morang district, which is considered to be the best in the country, has seen a decrease in rice production this year due to unseasonal rains. Compared to last year, the production o...
Export of cardamom increased by sixty percent
Bhadrapur. By the end of December of the current financial year 2082-083, the export of cardamom has increased by 60.10 percent. According to the statistics of the Mechi Customs Office, during that period, cardamom worth Rs. Ishwar Kumar Humagai,...
Strictness in real estate transactions, transactions above 3 crores are now only through agencies
Kathmandu. The Land Reforms and Real Estate Office, Dillibazar, has announced new rules for real estate transactions worth more than three million rupees within the metropolitan and sub-metropolitan areas.
According to the instructions...