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 are the foreign currency exchange rates for today?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...
Foreign Exchange Rates for Sunday
Kathmandu — Nepal Rastra Bank has determined the foreign exchange rates for today.
According to the central bank, the buying rate for one US dollar has been set at Rs. 152.59, while the selling rate is Rs. 153.19. The buying rate for one Aus...
Study report of Kerung-Kathmandu railway line prepared
Kathmandu. The Chinese side is going to submit the feasibility study report of the long-awaited Kathmandu-Kerung inland electric railway connecting Nepal and China within the next one and a half months. In a presentation held at the Ministry of Ph...
Revenue collection of 21 lakh 10 thousand in one day in traffic action
Kathmandu. In the past 24 hours, two thousand 102 motorists have been prosecuted for violating traffic rules. From this, the revenue of Rs 21 lakh 10 thousand 514 has been deposited in the state treasury. According to the Kathmandu Valley Traffic...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 154 rupees 48 paisa and the selling rate is 155 rupees 08 paisa.
The buyi...
15 in petrol and Rs 10 in diesel-kerosene
Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has increased the price of petrol by Rs 15 and diesel kerosene by Rs 10. After the price hike, petrol in Kathmandu valley has become 172 per liter and...