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
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 88 paisa and the selling rate is 147 rupees 48 paisa. Similarly,...
Here are the foreign currency exchange rates set for Friday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. Similarly...
Gold prices fell modestly, while silver rose
Kathmandu. The price of gold has decreased in the Nepalese market on Tuesday. Today, the price of gold has decreased by Rs 300 per tola. According to the Federation of Nepal Gold and Silver Dealers, the price of printe...
The country's public debt exceeded 28 trillion, added 1 trillion 32 billion in 6 months
Kathmandu. Nepal's public debt has exceeded 28 trillion. At the beginning of the current fiscal year 2082,83, the total public debt was 26 trillion 74 billion 4 billion rupees, by the end of March, it increased by 1 trillion 32 billion 34 billion...
What is life insurance? Why is it necessary?
© Rabindra Lamichhane (Nabin)
What is life insurance? Why is this necessary?
Life Insurance is a financial plan that provides financial security rela...
Import of petroleum products worth 54 billion 12 crores in four months through Birganj route
Birganj. In the four months of the current financial year, petroleum products worth Rs 54.12 billion have been imported through the Birganj border. 22 billion 900 million revenue has been collected from diesel, petrol,...