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11 results for "Tax"

Latest Update On Nepal FDI Situation: How Much Money Did Nepal Receive From Abroad?

Nepal Received Rs 47.61 Arba In Foreign Investment Commitments Across 914 Projects, With IT Leading Project Count And Agro Leading Investment Value.

Jun 19

Jhapa Tea Factories And Estates Shut Down Amid Ongoing Export Dispute

Tea producers in Jhapa have shut down all tea factories and estates after export disruptions to India remained unresolved for more than 45 days. The closure has affected around 60,000 workers and deepened concerns about the future of Nepal's tea industry.

Jun 18

Finance Minister Wagle Says He Will Quit Public Life If EV Tax Misuse Is Proven

Finance Minister Dr Swarnim Wagle has denied allegations of EV tax information leakage, saying he will quit public life if any misuse is proven as authorities investigate BYD vehicle imports and customs clearance.

Jun 11

Nepal Budget 2083/84: Income Tax Relief Limit Raised From Rs 5 Lakh To Rs 10 Lakh

Nepal Budget 2083/84 has increased the income tax relief limit from Rs 5 lakh to Rs 10 lakh. Finance Minister Dr. Swarnim Wagle announced the new tax provision in Parliament.

May 29

Tosima Karki Urges Government To Raise Tobacco Tax To At Least 50%

RSP MP and health department chief Dr. Tosima Karki has urged the Government of Nepal to raise taxes on tobacco products to at least 50%. She said higher tax on tobacco is important to reduce consumption, protect public health, and support the long-term sustainability of Nepal’s health insurance system.

May 24

Nepal Government Preparing To Increase Rs 100 Duty-Free Border Limit For Goods Brought From India

Nepal is preparing to revise the Rs 100 customs duty-free limit for goods brought through Nepal–India border areas after complaints from daily shoppers and border residents.

May 21

Experts Suggest Making Income Up To NRs 12 Lakh Tax-Free In Nepal

Experts and stakeholders have suggested raising Nepal’s income tax exemption limit to NRs 12 lakh, saying it could reduce pressure on low and middle-income earners amid rising living costs.

May 21

UML Returns Rs 3.86 Crore To State Treasury Over VIP Foreign Medical Treatment Expenses

UML has returned nearly Rs 3.86 crore to Nepal’s state treasury after controversy over foreign medical treatment expenses linked to former VIP officials including Ram Baran Yadav, KP Sharma Oli and Jhalanath Khanal.

May 21

Uber Officially Begins Test Ride Hailing Service In Kathmandu Valley Through TaxiMandu Partnership

Uber Officially Begins Test Ride Hailing Service In Kathmandu Valley through TaxiMandu Partnership, Offering Discount Rides And Entering Competitive Market With Pathao, inDrive, and Yango, While Expanding Global Mobility Services To Nepal

May 21

Government Preparing OTT Service Regulation Rules To Bring Platforms Like Netflix, YouTube Premium Under Legal Registration And Tax System

Government Preparing OTT Service Regulation Rules With Proposed Rs 1 Crore License Fee And Separate Registration Charges As Ministry Plans To Bring Platforms Like Netflix, YouTube Premium Under Legal Registration And Tax System

May 19

Ramesh Prasai Proposes Up To 50% Tax Hike On Alcohol And Cigarettes To Fund Free Healthcare In Nepal

Lawmaker Ramesh Prasai has urged the government to increase taxes on alcohol and cigarettes by up to 50% and use the extra revenue to provide free healthcare for poor and low-income citizens in Nepal.

May 18