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 decreased by 10,000 rupees per tola in one day, how much per tola?
Kathmandu. The price of gold in the Nepali market has fallen drastically. Gold tola decreased by 10 thousand 100 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 291,800 rupees per tola today.
On the...
The price of gold increased again, how much is the transaction?
Kathmandu. Even today, the price of gold and silver has set a record in the local market. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is 39,300 and the value of silver is 6,870.
According...
Support price of paddy: price per quintal is 36 hundred and 60 rupees
Kathmandu. The government has taken a positive decision to fix the minimum support price of paddy for the next financial year before planting paddy. The cabinet meeting held on Monday approved the proposal of the Ministry of Agriculture, Forestry...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
The US dollar, Australian dollar and dinar rose, while the euro and pound gained more
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Thursday. Today, the exchange rate of all foreign currencies including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinar has increased....
What is the exchange rate of foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 140 rupees 90 paisa and the selling rate is 141...