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
Kathmandu-Dubai flight will be opened from today
Kathmandu. Fly Dubai will operate flights on Dubai-Kathmandu-Dubai route tonight. According to the Tribhuvan International Airport office, nine countries in the region stopped flights on the air route due to the tension created after the joint mil...
Share price increase of five companies, how much has increased?
Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...
Authority constructing new Butwal Lamhi transmission line
Kathmandu. The Nepal Electricity Authority is going to construct a new Butwal Lamahi power transmission line with a capacity of 400 KV. The total length of 161 km transmission line is intended to transmit the electricity of eastern Nepal to the we...
The fuel facility of certain officials and government employees has been reduced
Kathmandu. In order to control public expenditure and manage the fuel crisis, the government has decided to significantly reduce the fuel facilities provided to government employees and special officials. According to the Ministry of Finance, due...
All preparations for financial calculations are complete
Kathmandu. The preparations for the second economic calculation have reached the final stage. The National Statistics Office said that enumerators and necessary inspectors have been circulated throughout the country and have reached the relevant a...
The economy size has 61 trillion seven billion, growth 4.61 percent
In the last Fiscal Year 2081/82, Nepal's economic growth rate is equal to four decimals and the size of the economy 61.20 billion.