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
What is the exchange rate of foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 48 paisa and the selling rate is 142...
Today, NEPSE increased by 30.75 points, turnover above 9 billion 20 million
Kathmandu. On the first trading day of the week, the stock market NEPSE index increased by 30.75 points and reached the point of 2631.14. On NEPSE, 297 million 38 thousand 139 shares of 300 companies were bought and so...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today 9 Monday 0. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 150 rupees 74 paisa and the selling rate has been fixed at 151 rupee...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...
The south side of Sainik Manch is being greened at 27 million
Kathmandu. The Metropolitan Corporation has prepared to plant ``Varmudha Grass'' worth Rs.
According to Arjun Aryal, Senior Engineer of Kampa Public Works Department, the plan has been put forward to organize an open space for th...
A modest increase in NEPSE today, trading at 3 billion 44 crores
Kathmandu. On the second trading day of the week, NEPSE index decreased by 6.74 points to 2601.61. During the day, 7.757 thousand 625 shares of 329 companies were bought and sold. Today, while the share price of 155 co...