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 Saturday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Saturday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 88 paisa and the selling rate is 147 rupees 48 paisa. Similarly,...
Exchange rate, dollar and euro value stable
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for Saturday. According to the updated information published by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 62 paisa and...
Resumption of interest subsidy on subsidized loans, payment of Rs. 10.58 billion by Rashtra Bank
Kathmandu. Nepal Rastra Bank has paid 10.58 billion rupees to 50 banks and financial institutions for concessional loan interest subsidy. The government has resumed the payment of the subsidy, which was stopped due to the abuse of concessional loa...
Monitoring of 56 commercial firms in one day
Kathmandu. The Department of Commerce, Supply and Consumer Protection has monitored 56 commercial firms on the same day at various locations in Kathmandu on Wednesday. The department has conducted on-site monitoring of firms, shops and commercial...
The farmer is worried that the plant has dried up
Ramechhap. The country is heated by the election atmosphere. But the farmers here are worried about June. Junar farmers of Ramechhap Municipality-7 Okhreni are worried about when the price of junar will be found.
Compared to the past, this y...
The IPO of these companies is open from today
Kathmandu. From today, the IPO of Hotel Forest Inn Limited has opened the IPO issuance and sale application for the general public. The company has issued 33 lakh 20 thousand shares to the general public.
The company has allocated 200,000 sh...