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Government hikes electrical vehicle tax rate

Kathmandu, May 29: The government has increased the tax on electric vehicles (EV). The excise and customs rates for EV have been changed. Finance Minister Barshaman Pun has increased the tax on EVs in the economic bill presented in Parliament on Tuesday. The customs duty has been increased from 10

Budget announces to construct IT Park in Butwal

The government has announced some new projects in Lumbini Province in the upcoming fiscal year's budget while giving continuity to

900MW hydroelectricity to be added in a year

The government targets to enhance the capacity of the national grid by increasing its capacity to 4500 megawatts by the

Budget statement, financial bill tabled in HoR, National Assembly

At the meeting today of the House of Representatives, Finance Minister Barshman Pun tabled the annual estimates of revenue and

FNCCI says, ‘Budget has taken private sector on board’

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has said that the budget for the upcoming fiscal year

Finance Minister unveils annual budget of Rs 1.86 trl for…

The government has announced the budget of Rs 1.86 trillion for the upcoming fiscal year 2024/025. Minister for Finance Barshaman

karnali province lawmakers
Karnali Province government records around four billion in arrears

The accumulated arrears of the Karnali Province government and subordinate offices have soared to around four billion rupees.

Parliamentary taskforce submits report to PM Dahal

The taskforce formed to develop the terms of reference (ToR) of the parliamentary probe committee has presented its report to

Govt. to legalize marijuana for medicinal purpose

The government is to legalize marijuana cultivation and consumption for medicinal purpose.

Govt. approves annual development programme, MTEF

A meeting of the National Planning Commission has approved government's annual development programme and three-year medium term expenditure framework.