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.
Express
Related News
149 countries are open for Nepali workers, labor contracts are limited to 13
Kathmandu. Although the government has opened up 149 countries for Nepali workers, it has signed bilateral labor agreements with only 13 countries so far. With the signing of a labor agreement between Nepal and Saudi Arabia on January 11, the numb...
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. The price of gold has fallen in the Nepali market today. The gold tola has fallen by three thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 97 thousand 500 per tola t...
Citizens Super 30 Mutual Fund will give a cash return of 5.25%, when will the book close?
Kathmandu. Citizens Super 30 Mutual Fund, operated under Citizens Mutual Fund, is going to give 5.25 percent cash return to the unit holders for the financial year 2082 and 83.
The unit owner registration book will be closed for one day on O...
Sharp Decline in Gold Prices: Down by 3,800 in a Single Day, Silver Also Becomes Cheaper
Kathmandu — The prices of both gold and silver fell sharply in the Nepali market today. According to the Nepal Gold and Silver Dealers’ Federation, the price of gold dropped by Rs 3,800 per tola today. With this decline, the price of hallmark gold...
The price of gold continues to rise, exceeding 277,000 tolas
Kathmandu. As the wedding season begins, the price of gold is constantly increasing. There have been some fluctuations in the price of silver. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of printed gol...
ADB Project’s Rs 420 Million Budget Under Scrutiny, Consultant Selection Sparks Controversy
Kathmandu — The consultant and service provider selection process under the Rural Connectivity Improvement Project, implemented through the Department of Local Infrastructure Development with support from the Asian Development Bank, has come under...