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
NEPSE closed with a double-digit decline today, trading fell to 4.71 billion
Kathmandu. On the fifth trading day of the week, NEPSE index decreased by 12.83 points and remained at the point of 2620.92. Today, 1 crore 1 lakh 53 thousand 226 shares of 342 companies were bought and sold, and 4 billion 71 crore 39 lakh shares...
Appointment of new leadership in the Federation of Transport Professionals, demand to stop uncontrolled foreign vehicles
Kathmandu. The newly elected Central Executive Committee of the National Federation of Nepal Transport Professionals has formally taken charge. A new working committee was installed in a special ceremony held in the capital. The chief guest of the...
What is the price per share in the women's microfinance share auction?
Kathmandu. Mahila Laguvitta Financial Sanstha Limited has placed 84 thousand 537 shares of founder shares for auction sale. The company has auctioned 74 thousand 246 shares in the name of founder shareholder Niru Kuthumi Rai and 10 thousand 291 sh...
Foreign Currency Exchange Rate: Selling rate of US Dollar is 152 rupees 31 paise
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for today. According to the rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 71 paisa and the selling rate of 15...
Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....
What is the exchange rate of foreign currency on Tuesday?
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 140 rupees 90 paisa and the selling rate is 141...