VAT on electricity will be applicable from July 1 only
Kathmandu. The government has made it clear that the value added tax (VAT) imposed on electricity services will only be implemented from July 1. The Internal Revenue Department has said that even if the bill for electricity consumed in the month of June is issued in July, VAT will not be charged on it.
After the Nepal Electricity Authority included VAT in the electricity bill for the month of June, there were complaints from the consumers. After that, the department issued a notice on Monday clarifying the time when the tax will be implemented.
Express
Related News
Seven people died during mountain climbing, difficult to bring Tiwari's body
Kathmandu. In the spring of 2026, seven climbers and guides have died while climbing mountains including Mount Everest. According to the tourism department, two of them are Indian climbers. Two Indian climbers died while returning after successful...
During the quarter of the current year, 25 local levels are still without budget
Kathmandu. Although four months of the current financial year have been completed, 24 local levels of Madhesh Province have not been able to present their budgets. So far, a total of 728 local levels have presented bud...
Testing of Kohalpur-Surkhet 132 KV Power Transmission Line
Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...
6.5 billion trade loss in five months
Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...
The price of the dollar exceeded 153 rupees, the selling rate of the Kuwaiti dinar was 500 rupees
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Friday. According to the new rate set by the Central Bank, today the buying rate of one US dollar is 152 rupees 96 paise and the selling rate is 153 ru...
The value of the American dollar, pound and dinar increased, the Australian dollar and the euro decreased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, the exchange rate of foreign currencies including the US dollar, pound, Kuwaiti dinar and Bahraini dinar increased. However, the value of some cu...



