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
Construction of two hydropower projects of 84 megawatt capacity in Rahughat of Myagdi has been completed
Kathmandu. Tundi Power Company has simultaneously constructed two hydropower projects on the Rahughat River that flows through Raghuganga Rural Municipality of Myagdi. Ghuganga Rural Municipality-4, 7 and 8 Ward No. 4, 7 and 8 of the two projects...
Richet Hydro to issue IPO to public, appoint RBB Merchant Banking as sales manager
Kathmandu. Upper Richet Hydropower Pvt Ltd has prepared to issue IPO for general public. The company has appointed RBB Merchant Banking Limited as the issue and sales manager. The agreement was signed by the executive chairman of the company, Anan...
Juice production after kiwis are not sold
Baglung. The women of Tarakhola rural municipality have started producing kiwi juice. Five years ago, women planted kiwis all over the fields in the village hoping to sell them at a high price, but now they are unable to find a market, so they hav...
35 industries paid 238.7 million dedicated and trunk line tariff arrears
Kathmandu. 25 new industries which consumed electricity from dedicated and trunk line structures during load shedding in the past have paid the first installment of premium tariff arrears. Earlier, 10 industries which...
Prachanda-Madhav in Pokhara warned by businessmen not to hold street meetings
Pokhara. Businessmen of Pokhara have protested saying that holding meetings on the streets will affect their business. Nepali Communist Party (NCP) protested at Ekta Synagogue that the Nepali Communist Party (NCP) will...
Fall in the price of gold and silver, how much is the transaction per tola today?
Kathmandu. There has been a general decline in the price of gold and silver in the Nepalese market on Monday. According to the Federation of Nepal Gold and Silver Dealers, compared to Sunday, gold decreased by Rs 400 per tola on Monday. The federa...