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
Foreign currency exchange rate determined for today
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 144 rupees 65 paisa and the selling rate is 145 rupees 25 paisa. Similarly,...
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...
Notification of Kathmandu Metropolis to vacate the restored houses and rooms within 7 days
Kathmandu. Kathmandu Metropolitan City has asked the concerned parties to contact the concerned parties within 7 days to vacate the houses and rooms taken over by the cooperatives. The notification was published according to the decision made by t...
Today, NEPSE increased by a normal number, the turnover fell to 3 billion 22 million
Kathmandu. On the fourth trading day of the week, NEPSE index increased by 1.37 points to 2585.87. During the day, 72 lakh 24 thousand 917 shares of 334 companies were bought and sold, and 3 billion 224 million shares were traded. Today, while the...
North City Multipurpose to Issue IPO
Kathmandu: North City Multipurpose Limited has called its first annual general meeting on Monday, Jestha 11, at 3:00 p.m. at the company’s office in Tokha-10, Kathmandu, to pass a proposal to issue an IPO. The meeting will authorize the board of d...
The 12-year blockage of Dhalkebar-Hetaunda 400 KV transmission line has been removed
Kathmandu F. The government has removed the main obstacle to the construction of Dhalkebar Hetaunda 400 KV high voltage transmission line, which has been stalled for various technical and legal reasons for the past 12 years. With the important dec...