With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers
-
Media Baaji
- Fri, 17 July 2026
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.
Related News
Three billion worth of electric vehicles entered in 9 months through the Birganj border crossing
Parsa. In the nine months of the current financial year, electric vehicles worth 2.98 billion rupees have been imported through the Birganj route. Compared to the same period of the last financial year, electric vehicles have been imported by 102...
Corporation's request to avoid unnecessary storage of gas
Kathmandu. Nepal Oil Corporation has requested everyone to purchase LP gas only as needed and not to store it unnecessarily. The corporation has requested the gas industry and sellers of LP gas to arrange the sale and distribution of LP gas by giv...
As the US dollar appreciates so does the exchange rate of other foreign currencies
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has increased. For today, the buying rate of one US dollar is 149 rupees 11 paisa and the...
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...
Historic Free Trade Agreement between India and New Zealand
Kathmandu. A new chapter has started in the bilateral trade relations between India and New Zealand from Monday. The two countries have signed a historic free trade agreement. With the agreement, it is expected to bring radical changes in the fiel...
Twenty-four thousand five hundred megawatts of electricity will be produced in the next ten years
Kathmandu. The government has published the 'Energy Consumption Growth and Export Strategy, 2083' with the goal of producing a total of 24,500 megawatts of electricity by the end of the fiscal year 2092, 93 with investment from the government, pub...