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
Shop-shop raids to prevent artificial scarcity and price hike of gas
Kathmandu. District Administration Office Sunsari has conducted random monitoring of various gas shops in Inaruwa market. The monitoring committee's coordinator Krishna Subedi informed that the administration has intensified the monitoring after t...
The Australian dollar, euro and pound fell, while the Bahraini dinar rose
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Monday. Even today, the US dollar remains at a high value. Some currencies, including the Bahraini dinar, have appreciated. According to Nepal Rastra Bank, the...
The price of gold decreased, how much per tola on Monday?
Kathmandu. The price of gold in the Nepali market has decreased today. On the previous day, gold rose by 20,500 rupees per tola, but today it has decreased by 200 rupees per tola.
According to the Nepal Gold and Silver Traders Federation, go...
New rules in NEPSE from Monday, share prices fell by 15 percent in one day
Kathmandu. Now the share price can decrease up to 15 percent in one day. NEPSE is about to implement this new regulation after the approval of the 'Securities Business Operation Fourth Amendment Regulation, 2082' from the Nepal Securities Board.
NEPSE fell by 10.25 points, trading fell to 8 billion 61 crores
Kathmandu. On the third trading day of the week, NEPSE index decreased by 10.25 points to 2662.14. Today, 21.17 million 15 thousand 868 shares of 324 companies were bought and sold, and 8.61 billion 64 million shares were traded. Today, while the...
Rice production in the Far West: Area decreased, productivity increased
Kanchanpur. Paddy productivity has increased in recent years in Sudurpaschim Province. The Agriculture Development Directorate Sudurpaschim has said that the rice production has increased after the farmers started to b...