With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers
-
Media Baaji
- Fri, 17 July 2026
Kathmandu. The government is going to implement new taxes and additional charges on various goods and services from the beginning of the new financial year i.e. from 1st July. With the aim of strengthening internal revenue collection and raising financial resources, the tax scope has been expanded in seven main areas such as education, health, electricity, gold and silver, ride sharing, casino and deluxe hotel-resort.
The direct impact of this new tax policy has been seen from the general public to various businesses, so that it is certain that even the basic services of daily consumption will become more expensive in the market. It has been analyzed that the monthly budget of the middle class families of the country will be greatly affected due to the added tax on sensitive and essential services, especially education, health and electricity.
According to the new arrangement, private educational institutions will now have to pay an additional 3 percent tax on the monthly fees they collect from students.
Express
Related News
Formation of 'Budget Writing Committee', Uttar Kumar Khatri Coordinator
Kathmandu. For the preparation of the annual budget and program for the coming financial year 083/84, the Ministry of Finance has formed a 'Budget Writing Committee' under the coordination of Chief Joint Secretary, Revenue Management Division, Utt...
NMB Bank launched 'Softpos' service, card payments can be taken from smartphones
Kathmandu. NMB Bank has launched Softpos service for the first time in Nepal. According to the bank, any supported Android mobile phone can be used as a POS machine. Through this service, small and medium enterprises a...
Drop in gold prices, how much per tola on Monday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at 242,700 rupees per tol...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 64 paisa and the selling rate is 148 rupees 24 paisa. Similarly...
The new interest rate of commercial banks for the month of Baisakh has been announced, who's how much?
Kathmandu. The new interest rates announced by the commercial banks for the month of April have indicated a slight decline in deposits. Compared to Chait, the average interest rate of both personal and institutional deposits has decreased in Baisa...
Now police salary will come every 15 days
Kathmandu. The government is going to pay the police every 15 days from the next financial year 2083/84. Nepal Police Head Office, Administration Department Budget Branch on Tuesday issued a circular to the budget management offices across the cou...