July 17, 2026, Friday
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

Public transport fares increased

Kathmandu. Public transport fares have increased. After the ministerial decision of Physical Infrastructure and Transport Minister Sunil Lamsal, the Transport Management Department has increased the fare. After the recent increase in the price of...

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...

Reduced airfare

Kathmandu. With the decrease in the price of air fuel, the Civil Aviation Authority of Nepal has reduced the minimum fare for domestic air passengers. After Nepal Oil Corporation reduced the price of aviation fuel by 6 rupees per liter from Januar...

Janakpur Cigarette Factory in Pakhai to be reopened

Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environm...

The amount of contribution to the social security fund reached one billion

Kathmandu. The amount of contribution to the social security fund, which the government has started to bring the citizens under the scope of social security, has reached nearly one billion. According to the fund, so fa...

What is the exchange rate of which foreign currency on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 49 paisa and the selling rate is 147 rupees 09 paisa. Similarly,...