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
Start of Yarsa collection on Mustang
Kathmandu. Yarsagumba collection has started at various places in Mustang. Yarsagumba collection has started in the upper lake under Kunjo, Kowang and Tukuche conservation area management committee under Thasang rural municipality.
Yar...
What is the exchange rate of foreign currency on Tuesday?
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 140 rupees 90 paisa and the selling rate is 141...
What is the exchange rate of which foreign currency on Wednesday?
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 147 rupees 50 paisa and the selling rate is 148 rupees 10 paisa.
Similarly...
Preparing to operate traffic through the reconstructed BP highway during rainy season
Kavrepalanchok. BP Highway, which has been damaged by repeated floods and landslides, is currently undergoing permanent reconstruction. Divisional Road Office Bhaktapur said that the permanent reconstruction work started at three places of the dam...
Enthusiasm in real estate business, revenue collection of 4.84 billion in the month of November alone
Kathmandu. With the opening of lots, enthusiasm has been seen in the real estate business in the month of November. According to the Department of Land Management and Records, a revenue of 4.84 billion 81 million rupees was collected from real est...
NEPSE decreased by 28.92 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 28.92 points and reached 2642.15 points. The NEPSE, which closed at 2671.07 points last week, decreased by 28.92 points to 2642.15 points this week. The market was open for two trading days this week....



