VAT on electricity will be applicable from July 1 only
-
Media Baaji
- Tue, 28 July 2026
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
Applications for the post of Chairman of the Securities Board are open
Kathmandu. Applications have been opened for filling the post of Chairman of Nepal Securities Board Sebon. The Ministry of Finance has issued a notification calling upon eligible Nepali citizens to submit personal details and biodata within seven...
Foreign Currency Exchange Rate: What is the price of US Dollar and Euro?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar has been fixed at 152 rupees 06 paisa and the selling rate has been fixed at 152 rup...
FPO Allotment of Vijay Laguvitta
Kathmandu. The FPO of Vijay Laguvitta Financial Institution has been distributed today on 6th of January. The FPO of Vijay Laguvitta was distributed this morning at the office of securities sales manager NMB Capital. After the merger of Savik's ne...
An increase of 5.32 points in NEPSE, the turnover fell to 5.82 billion
Kathmandu. On the third trading day of the week, NEPSE index increased by 5.32 points to 2655.99. During the day, 1976,780 shares of 319 companies were bought and sold, and over 5.82 billion shares were traded. Today,...
Chumchet Syar Khola hydropower project was built in Chilime
Kathmandu. The government has granted power generation permits to three more hydropower projects. The Power Development Department under the Ministry of Energy, Water Resources and Irrigation has granted power generati...
Petrol and diesel prices stable
Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...