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 on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the fixed exchange rate for today, the buying rate of one US dollar is 143 rupees 36 paisa and the selling rate is 143 rupees 96 paisa. Simi...
The prices of the US dollar and the euro have increased; what about the others?
Kathmandu. Today, the prices of the US dollar and the euro have increased. According to the Nepal Rastra Bank, the buying rate of one US dollar today is 151.85 and the selling rate is 152.45. On Monday, the buying rate was 151 rupees 56 paisa and...
Today's foreign currency exchange rate: what is the value of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is Rs 151 16 paisa and the selling ra...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
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...
NEPSE decreased by 10 points, turnover exceeded 5 billion!
Kathmandu. On Sunday, the first day of the week, the NEPSE index fell by 10.29 points to 2,610.63. About 1.3 million shares of 323 companies were traded, with a total turnover of 5.01 billion rupees. Out of the 13 sub-groups, hotels, manufacturing...



