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
Gold prices modestly rise, silver sets new record
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...
The price of the US dollar, Australian dollar, euro and pound increased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Saturday. Today, the value of all foreign currencies including US Dollar, Australian Dollar, Euro, Pound, Kuwaiti and Bahraini Dinar has increased. According t...
Kalanga Hydro's IPO will be distributed on Wednesday, how many will get shares?
Kathmandu. The IPO of Kalanga Hydro Limited will be distributed on Wednesday. Sanima Capital Limited IPO is being prepared for distribution on Wednesday morning in the company's Securities Issuance and Sales Manager. Capital informed that the dist...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...
Seven million eight million rose from Dharahara in one year
Kathmandu. It has been a year since Monday that the tower was opened for viewing for a fee. Last year, from November 9th, the government made an arrangement where the Dharahara can be viewed for a fee of 200 rupees. Du...
Three billion worth of electric vehicles entered in 9 months through the Birganj border crossing
Parsa. In the nine months of the current financial year, electric vehicles worth 2.98 billion rupees have been imported through the Birganj route. Compared to the same period of the last financial year, electric vehicles have been imported by 102...