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 foreign currency exchange rate 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 152 rupees 70 paisa and the selling rate is 153 rupees 30 paisa.
The b...
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...
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...
Here is the foreign currency exchange rate 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 152 rupees 67 paisa and the selling rate is 152 rupees 27 paisa.
The b...
Minister Ghising said on the monitoring of Mahakali irrigation, talks are being held with India about releasing water
Kathmandu. Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development Minister Kulman Ghising has inspected the Tanakpur Barrage at Brahmadev in Kanchanpur. While inspecting the...
Instruction of the Ministry of Education to refund the fees charged against the law to the students
Kathmandu. The Ministry of Education, Science and Technology has directed to refund the fees charged illegally by the institutional schools across the country to the students. The ministry has issued a statement on Wednesday asking for strict acti...



