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
The price of eggs increased again
Chitwan. The consumption of eggs has increased as it gets colder. On top of that, after the tightening in the Indian border area, illegal eggs have been stopped. Farmers say that because of this, Nepali eggs have start...
Monitoring of 56 commercial firms in one day
Kathmandu. The Department of Commerce, Supply and Consumer Protection has monitored 56 commercial firms on the same day at various locations in Kathmandu on Wednesday. The department has conducted on-site monitoring of firms, shops and commercial...
NEPSE decreased by 13 points, turnover exceeded 5 billion!
Kathmandu. On the fourth trading day of the week, the NEPSE index fell by 13.35 points to 2635.94 points. Today, when 1.6 million shares of 323 companies were bought and sold, the total turnover reached 5.17 billion rupees.
In trading, the s...
9.23 points increase in NEPSE, turnover above 9 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.23 points to 2714.61. During the day, 10.9 million 75 thousand 756 shares of 332 companies were bought and sold, and 9 billion 73.39 million shares were traded. Today...
The price of the US dollar at the highest point so far! Now how much Nepali rupee is one dollar?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has reached its highest point so far. Similarly, the prices of for...
What is the foreign currency exchange rate for Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, for today, the buying rate of one US dollar has remained at 141 rupees 56 paise and the selling ra...