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 for today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
Emergency oil supply to ease energy market volatility
Kathmandu. The International Energy Agency has said that the member countries of Asia and Oceania region will immediately send oil from their emergency oil reserves to the market. It is said that such a step has been taken to reduce the instabilit...
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. While the price of the US dollar, which was stable on Monday, fell, the price of the European euro rose today. According to the fixed exchange rate, the b...
A slight improvement in the stock market; why is it fluctuating?
Kathmandu. The market has broken its streak of declines for the fourth consecutive day. Today, the market saw a slight improvement. Although the market rose by a small margin today, there is no atmosphere of enthusiasm among investors. As the mark...
The price of gold increased again, how much is the transaction?
Kathmandu. Even today, the price of gold and silver has set a record in the local market. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is 39,300 and the value of silver is 6,870.
According...
A huge increase in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold rose in the Nepali market on Sunday. Today, gold has increased by 9 thousand 500 rupees. Gold which was traded at 2 lakh 91 thousand rupees on Friday is being traded at 3 lakh 500...



