40 results for "Tax"
The government has opened festival-focused fair-price shops at 61 locations across 42 districts, offering consumers access to essential goods at subsidized prices during the major festival season.
Nepal is quickly changing the way people pay, with QR codes becoming a familiar part of everyday life, from tea shops to larger businesses. Digital payments are growing rapidly, while cash remains important for many people. As Nepal moves toward a more connected financial system, the bigger challenge will be making digital payments safe, simple, and accessible to everyone.
More than 800 historical Nepali manuscripts and documents dating from the 13th to the 20th century have been formally handed over to Nepal’s National Archives after decades in the private collection of German collector Josef Peter Rindfleisch. The archive includes centuries-old palm-leaf records, royal orders, legal documents, manuscripts and travel accounts that provide valuable evidence of Nepal’s political, legal, social and cultural history.
Nepal’s Electronic Commerce Act, 2081 (2025) gives online shoppers clearer rights when products differ from what sellers advertised. Buyers may return goods that do not match their description and can receive a refund if they do not want a replacement. The law also sets responsibilities for sellers and platforms covering product information, delivery, complaints, returns, and misleading practices.
Apple’s iPhone 18 Pro and iPhone 18 Pro Max are set to officially enter Nepal this Thursday, with prices reaching more than Rs 5 lakh for the highest storage variant. The latest Pro series brings upgraded performance, advanced camera features, and larger storage options for users looking for Apple’s premium smartphone experience.
Kathmandu’s daily traffic jams are creating a hidden economic cost through wasted time, extra fuel use, and reduced productivity. While no single figure shows the city’s total loss, research shows congestion is affecting commuters, businesses, and the wider economy.
Your recent digital purchase may have already given you a chance to win up to Rs. 10 lakh under Nepal’s Taxpayer Incentive Prize Program. Eligible transactions may be entered automatically, but winners have only five days to claim their prizes after the results are announced. Although the program is temporarily suspended due to Nepal’s current situation, the Inland Revenue Department has announced 33 winners for eligible transactions recorded up to Bhadra.
Ukraine is considering removing criminal penalties for consensual adult content and bringing the industry into the tax system, with officials estimating it could generate around $25 million a year as the country continues its war with Russia.
Kathmandu Valley’s night bus network could become much bigger, with a study committee recommending an expansion from seven to 28 buses and six new routes connecting hospitals, business areas and major entry points. The proposal follows a three-month trial used by 66,952 passengers, although the service currently loses an average of Rs 1,690 per bus each day
Nepal’s Section 12B allows eligible donations to specified government disaster and reconstruction funds to be deducted from taxable income. The full qualifying donation amount may reduce taxable income, but the actual tax savings depend on the taxpayer’s income and applicable tax rate.
Nepal has temporarily suspended the Lakhpati taxpayer lottery as the government focuses on rescue, relief and recovery following the devastating Rasuwa flood. The scheme was designed to encourage consumers to demand genuine PAN or VAT bills and improve tax compliance, while disaster response has now become the immediate national priority.
US And Venezuela Sign 100 Year Oil Deal Giving A US Led Company Rights To Operate 17 Oil Fields Holding About 65 Billion Barrels, With Up To $100 Billion Planned For Investment As The Agreement Faces Political And Economic Questions
Nepal contributes only a tiny share of global emissions, yet faces some of the growing costs of climate impacts. Its adaptation plan estimates about $47.4 billion may be needed through 2050, with $45.9 billion expected from external support. The climate justice debate is about whether vulnerable countries like Nepal are receiving fair support without being pushed deeper into debt.
Nepal’s taxpayer reward scheme is encouraging more consumers to ask for official bills, while complaints against businesses refusing to issue bills have increased, according to the Inland Revenue Department.
The Nepal government has announced a 100% exemption from import taxes and duties on qualifying vehicles for officially recognized families of Gen Z movement martyrs and people classified as seriously or very seriously injured, if the vehicle is purchased for self-employment. The exemption applies to petrol or diesel vehicles with a transaction value of up to Rs 15 lakh and electric vehicles worth up to Rs 20 lakh, and is available only during FY 2083/84, or 2026/27.
Heart Aerospace's full-scale X1 demonstrator has completed its first flight, staying airborne for 27 minutes and reaching 1,100 feet while using approximately $5 worth of electricity, according to the company. The battery-electric aircraft is a technology demonstrator for Heart's planned 30-seat ES-30 hybrid-electric regional airliner, which is currently targeted to enter commercial service in 2031.
Ncell Axiata has paid more than Rs 4.96 billion to the government toward its mobile service license renewal, including the latest installment and interest accumulated over two periods.
Nepal’s Department of Transport Management has reiterated that students with valid student identity cards are entitled to a 45% discount on public transport fares, reviving attention around a concession first agreed between the government and transport operators in 2009. Despite the directive, implementation remains disputed, with students complaining that they do not always receive the full concession while transport entrepreneurs say the government has stopped providing the tax benefits originally promised in return.
Authorities fined Oliz Store and New Family Girls Hostel a total of Rs 5 lakh during market monitoring in Kathmandu, while several other businesses were ordered to submit documents or improve their practices.
The government has prepared a private investment protection strategy that proposes an Industrial Security Force, peace zones for industrial areas, continuous highway patrols, relief for damaged businesses and at least five years of stability for tax incentives.
Nepal’s Constitution divides responsibilities among the federal, provincial, and local governments. Different problems such as roads, schools, hospitals, passports, waste, and disasters may fall under different levels of government. Knowing who has the legal authority helps citizens understand who should actually be held responsible.
Finance Minister Swarnim Wagle says Nepal must increase domestic revenue, expand the tax base and reduce dependence on loans under the Rs 2.124 trillion budget.
The government is encouraging consumers to demand official VAT bills through a prize scheme, but complaints have emerged over customers receiving temporary slips at Nepal Army-run petrol stations. The Army says staffing and operating hours create the problem, while the Tax Department says even government-run businesses must follow tax rules.
The government has made public an investigation report on Ncell Axiata’s share transactions, highlighting concerns over offshore deals, transparency, tax obligations, and the valuation of the company’s ownership transfers. The report, prepared by a committee led by former Auditor General Tankamani Sharma, has recommended stronger regulatory checks and further review of Ncell’s past and recent share transactions.
A landlord cannot legally force a tenant to leave overnight without following Nepal’s rental laws. The National Civil Code, 2074 provides rules on rental agreements, eviction, repairs, and the rights and responsibilities of both landlords and tenants. Understanding these protections can help renters and property owners avoid disputes and know what the law actually allows.
The government has announced five key cabinet decisions, including tax exemptions for electric ambulances, martyr status for four protest victims, Ncell report publication and new appointments.
Nepal is preparing to introduce intraday trading and short selling, which could make NEPSE faster and more flexible. The reforms may create new opportunities, but also bring higher risks and bigger potential losses. For now, the systems are planned, not fully operational, and current NEPSE rules still apply.
A woman in Kaski reportedly lost Rs 3.1 million (रु 31 lakh) after an online relationship that began on Facebook developed into an elaborate scam involving a supposed wealthy British man and callers posing as Indian police. Police say the case highlights how online fraudsters increasingly exploit emotions, trust and fear alongside techniques such as fake identities, OTP theft and fraudulent foreign opportunities.
Nepal Government is preparing to increase the VAT-free electricity consumption limit from 50 to 150 units. The proposal could benefit over 46 lakh households by reducing monthly electricity bills.
The Nepal India open border supports millions of crossings for work, trade, healthcare, education, and family visits. However, trafficking, smuggling, and illegal migration remain concerns, requiring stronger cooperation and modern security.
Finance Minister Dr. Swarnim Wagle has assured industrialists that the government is ready to review taxes and customs duties on raw materials and finished goods as part of a wider economic reform push.
Nepal's new online driving license system has launched with technical issues as the Department of Transport Management and Bagmati Province issue conflicting notices. New applications, category additions, and online services remain affected.
Finance Minister Dr Swarnim Wagle has assured Nepalis living abroad that the government remains committed to protecting their connection with Nepal. He invited the diaspora to contribute knowledge, capital and international networks to the country’s economic development.
Learn everything about Vehicle Tax in Nepal (2026 Update), including how to check your Bluebook, renewal dates, the 90-day grace period, latest penalties, online tax payment, and tips to avoid unnecessary fines.
Nepal’s Cabinet has withdrawn the three percent equity fees imposed on private education and healthcare services after strong public criticism that the charges would increase costs for students, parents and patients. Taxes collected after the measure took effect on July 17 will be refunded within 50 days, although the government has not yet publicly explained the detailed claim process.
The Secretariat of Finance Minister Dr. Swarnim Wagle has warned investors not to believe sponsored rumors surrounding Nepal's stock market, saying false claims about arrests and investigations are being deliberately spread to create panic. It also stated that authorities are moving ahead with market reform measures and that those attempting to manipulate investor sentiment or destabilize the market could face investigation.
Treatment at private health institutions across Nepal will become more expensive from Friday after the government imposes a 3 percent Health Equity Fee on all service charges collected from patients. The fee will apply to private hospitals, laboratories, nursing homes, polyclinics, medical colleges and other private healthcare providers.
Electricity bills across Nepal are set to increase from Shrawan 1 as the government starts implementing a new VAT policy. Household consumers using more than 50 units will pay 5% VAT on excess consumption, while commercial, industrial and institutional users will face a 13% VAT.
Nepal Rastra Bank's latest macroeconomic report paints a picture of an economy that is financially stable but still faces long-term structural challenges. Foreign exchange reserves have reached record levels, remittances continue to grow strongly and inflation remains relatively moderate. At the same time, imports continue to outpace exports, private sector lending remains weak and government capital spending has slowed. This feature explains the latest economic indicators—including inflation, foreign exchange reserves, trade, remittances, banking, interest rates, and government finances in simple language, helping readers understand what the numbers really mean for Nepal's economy and for everyday life.
Ride-sharing fares are expected to rise from Shrawan 1 as the government introduces 5% VAT on each transaction and 1% TDS from drivers, while concerns grow over timing, clarity, and fare impact.
