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
Start of Yarsa collection on Mustang
Kathmandu. Yarsagumba collection has started at various places in Mustang. Yarsagumba collection has started in the upper lake under Kunjo, Kowang and Tukuche conservation area management committee under Thasang rural municipality.
Yar...
Today, the stock market fell by a modest margin, trading above 16.35 billion
Kathmandu. On the second trading day of the week, NEPSE index decreased by 3.07 points to 2769.09. During the day, 362 million 64 thousand 873 shares of 332 companies were bought and sold, totaling 16 billion 35 milli...
IPO allocation of Bhujung Hydropower, 83 thousand got shares
Kathmandu. Bhujung Hydropower Limited has completed its IPO allotment to the general public. Sales manager Kumari Capital Limited has allotted the IPO today at 9 am on Tuesday. The company issued a total of 830,000 IPO shares to the general public...
Now 100 rupee notes will be available from ATMs
Kathmandu. Nepal Rastra Bank has asked banks and financial institutions to make arrangements to distribute Rs 100 and Rs 100 notes along with Rs 1,000 and Rs 500 notes from the ATMs of banks and financial institutions.
The National Bank thro...
The government gave the permission, the industrialists increased the price of gas
Kathmandu. Industrialists have increased the price of cooking gas. The industrialists have increased the price of gas by 150 rupees and 18 paise per cylinder on the pretext of increasing the cost of transportation due to the blockage of Prithvi Hi...
Certificate for those who contribute more than 10,000 to the reconstruction fund
Kathmandu. The government is going to give certificates to those who contributed more than 10,000 to the physical infrastructure reconstruction fund established for the reconstruction of the damage caused during the Genji movement of 23 and 24 Aug...