July 18, 2026, Saturday
English

With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers

Main News Image

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.

mediabaaji add

Related News

Meeting between the governors of Nepal and China

Kathmandu. Prada Vishwanath Poudel, Governor of Nepal Rastra Bank, who is on a visit to China, and Fan Kongsong, Governor of People's Bank of China PBOC, had a meeting today.

They met at the 20th Asia Pacific High Level Meeting on Banking Su...

Gas subsidy being scrapped

Kathmandu. The government has released Energy Consumption Growth and Export Strategy, 2083 with a plan to cancel the subsidy on LP gas for cooking till the financial year 2092 and 93 and provide subsidy on electric stoves. The strategy, published...

New interest rate announced for the month of March, what is the interest rate of which bank?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...

The American dollar kept a high point record today, how much is one dollar Nepalese rupee?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed rate, the value of the US dollar has risen and reached its highest point so far. According to the exchange rate, the buying rate of...

Double-digit growth in NEPSE, turnover limited to 3 billion 29 million

Kathmandu. On the second trading day of the week, the NEPSE index increased by 16.37 points to 2619.99. During the day, 78 lakh 4 thousand 45 shares of 325 companies were bought and sold, and 3 billion 294 million shar...

Purchase of paddy at support price by cooperative in Bardia, relief to farmers

Bardia. The government had fixed the minimum support price of rice at the time to provide a fair price of rice to the farmers. Although the minimum support price of paddy was fixed, the farmers were not able to get the...