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.
Related News
The price of gold continues to rise
Kathmandu. Due to fluctuations in the international market, gradual increase in prices and changes in demand, the price of gold in the domestic market has been continuously rising. According to the Nepal Gold and Silve...
Due to lack of cooking gas in the market, the corporation started sales and distribution from the central office
Kathmandu. After increasing complaints about lack of cooking gas LPG in the market, Nepal Oil Corporation has started sales and distribution of gas for general public from its central office in Teku. After receiving continuous complaints from the...
Ultimatum to Defaulters of Troubled Cooperatives to Immediately Repay Loans
Kathmandu. The Office of the Committee for the Management of Troubled Cooperatives has issued a strong warning to borrowers who have taken loans from various cooperative institutions and have long failed to repay them, directing them to settle the...
The price of gold and silver in the Nepalese market fell sharply, gold decreased by 8,200 tolas
Kathmandu. In the Nepalese gold and silver market, the price of both gold and silver has fallen significantly on Sunday. According to the information released by the Nepal Gold and Silver Traders Federation, on the first trading day of the week, t...
Fall in the price of gold, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 400 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 84 thousand 400 per tola today....
NEPSE decreased by 10 points, turnover exceeded 5 billion!
Kathmandu. On Sunday, the first day of the week, the NEPSE index fell by 10.29 points to 2,610.63. About 1.3 million shares of 323 companies were traded, with a total turnover of 5.01 billion rupees. Out of the 13 sub-groups, hotels, manufacturing...