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
Diktel Rupakot allocated a budget of Rs 45 lakh to drive away the monkeys
Kathmandu. Diktel Rupakot Majhuwagadhi Municipality has allocated a budget for monkey extermination. In order to provide relief to the farmers suffering from the terror of monkeys, the municipality has allocated a budget from the 15th Municipal As...
17.53 points decline in NEPSE, turnover above 14.56 billion
Kathmandu. On the fifth trading day of the week, NEPSE index decreased by 17.53 points and remained at 2714.05. During the day, 354 million 77 thousand 939 shares of 320 companies were bought and sold, with a turnover of 14.56 billion 31 million s...
Action will be taken according to the law if the service is not entered within the bus park within 3 days
Kathmandu. Kathmandu Metropolitan City has given the last 3 days to provide integrated passenger vehicle operation service from the new bus park. Last month, on 25th of Chait, a public notice was published and a request was made to operate long an...
Real estate transactions in Bagmati state are falling, revenue collection is down by 23.6 percent
Kathmandu. A study report has shown that revenue has been affected due to continuous decline in real estate transactions in Bagmati province. According to the economic activity study report published by Nepal Rastra Bank, it has been seen th...
An increase of 15.70 points in NEPSE, a turnover of 4 billion 10 crores
Kathmandu. On the third trading day of the week, NEPSE index increased by 15.70 points to 2566.07. During the day, 92 lakh 55 thousand 457 shares of 345 companies were bought and sold, and over 4.1 billion shares were...
What is the exchange rate of foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate h...