With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers
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
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 148 rupees 71 paisa and the selling rate is 149 rupees 31 paisa. The buying rate...
Commission's request not to follow the illusion of giving land illegally
left Lanz Problem Solution Commission District Committee Banke has requested not to follow the rumors and confusion that the land will be given in an unauthorized manner. Ghannath Khanal, chairman of the District Committee of the Land Problem Solu...
National Life Insurance's three-day 'Employee Skill Enhancement Program' completed in Pokhara
Pokhara. National Life Insurance Company Limited has completed a three-day Employee Skill Enhancement Program in Pokhara with the objective of enhancing the skills, efficiency and technical capabilities of its employees. About 280 employees from b...
27.93 billion revenue collection by Bagmati state government
Kathmandu. The Bagmati state government has collected 41.40 percent of the annual target in the nine months of the current financial year, i.e. 27 billion 933 million two thousand rupees. Real estate registration, property tax and vehicle tax are...
The IPO of Suryakund Hydro Electric will be distributed on Tuesday
Kathmandu. The IPO issued by Suryakunda Hydro Electric Limited for Nepalis working abroad will be distributed on Tuesday. Sales Manager Kumari Capital has informed that a program for allotment of shares has been scheduled at the capital's office a...
What is the foreign currency exchange rate in dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currencies for today. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is 152 rupees 60 paisa and the selling rate is...



