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 Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 147 rupees 43 paisa and the selling rate is 148 rupees 3 paisa. The buying rate...
NEPSE fell by 10.25 points, trading fell to 8 billion 61 crores
Kathmandu. On the third trading day of the week, NEPSE index decreased by 10.25 points to 2662.14. Today, 21.17 million 15 thousand 868 shares of 324 companies were bought and sold, and 8.61 billion 64 million shares were traded. Today, while the...
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...
The price of gold decreased, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 500 rupees per tola. Today,...
What is the exchange rate of which foreign currency on Thursday?
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 remained at 143 rupees 36 paisa and the selling rate has remained at 143 rupees 96 paisa....
Double-digit growth in NEPSE, turnover limited to 3 billion 29 million
Kathmandu. On the second trading day of the week, the NEPSE index increased by 16.37 points to 2619.99. During the day, 78 lakh 4 thousand 45 shares of 325 companies were bought and sold, and 3 billion 294 million shar...