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39 results for "Tax"

World’s Largest Battery-Electric Aircraft Flies For 27 Minutes Using Just $5 Of Electricity

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.

2 days ago

Ncell Pays More Than Rs 4.96 Arba in License Renewal Fees and Interest

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.

3 days ago

Are Students Actually Getting Their 45% Public Transport Fare Discount?

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.

4 days ago

Oliz Store And New Family Girls Hostel Fined Rs 5 Lakh As Authorities Step Up Market Monitoring Across Kathmandu Valley

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.

4 days ago

Government Plans Industrial Security Force, Declares Industrial Areas ‘Peace Zones’

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.

Aug 16

Who Is Responsible When Something Goes Wrong? Understanding Nepal’s Federal, Provincial and Local Governments

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.

Aug 15

Finance Minister Swarnim Wagle Says Nepal Must Build With Its Own Income and Reduce Loan Dependence

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.

Aug 13

Government Promotes VAT Bills With Cash Prizes, But Complaints Rise Over Bills At Army-Run Petrol Pumps

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.

Aug 13

Ncell Share Deal Under Scrutiny: Why The Government Raised Questions Over The Transaction

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.

Aug 12

Landlord Says “Leave Tomorrow”? Here’s What Nepal’s Law Says About Evicting a Tenant

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.

Aug 12

Government’s 5 Key Decisions: EV Ambulances Tax-Free, Sunsari-Siraha Victims Declared Martyrs & Ncell Investigation Report To Be Made Public

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.

Aug 11

NEPSE’S NEXT CHAPTER: Intraday Trading and Short Selling What Investors Should Know Before the Market Changes

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.

Aug 10

Fake Love, Real Loss: Kaski Woman Loses Rs 3.1 Million (रु 31 Lakh) in Romance Scam

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.

Aug 10

Nepal Government Plans to Raise VAT-Free Electricity Consumption Limit to 150 Units, Offering Relief to Millions of Households

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.

Aug 4

The Border That Millions Cross Without a Passport

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.

Jul 29

Government Signals Duty Review As Industries Push For Fairer Raw Material Tax

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.

Jul 29

Nepal's New Online Driving License System Faces Technical Problems as Conflicting Government Notices Create Confusion

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.

Jul 27

Finance Minister Wagle Assures Diaspora: “Once a Nepali, Always a Nepali”

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.

Jul 26

Avoid a 32% Vehicle Tax Penalty! Here's How to Check Your Bike or Car Renewal Date

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.

Jul 24

Nepal Scraps 3% Education and Health Tax—But How Will Citizens Get Their Refunds?

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.

Jul 23

Finance Minister's Office Warns Of Stock Market Rumors, Signals Action Against Those Spreading Fear

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.

Jul 17

Private Healthcare To Become 3% More Expensive From Friday As Nepal Imposes ‘Health Equity Fee’

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.

Jul 16

Electricity Bills To Rise From Friday As Nepal Imposes 5% And 13% VAT On Power Consumption

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.

Jul 16

Nepal's Economy In Mid-2026: What The Latest NRB Macroeconomic Update Really Means

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.

Jul 15

Ride-Sharing Fares Set To Rise From Shrawan 1 As Government Adds VAT And Driver TDS

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.

Jul 15

From an Idea to Industry: How Vending King Built Nepal's First Homegrown Smart Vending Machine Company

Vending King Pvt. Ltd., founded by Jeevan Shrestha, is transforming Nepal’s smart retail sector by designing and manufacturing vending machines locally. From its base in Kirtipur, the company is building cashless, customizable solutions for hospitals, colleges, retailers, and businesses across Nepal.

Jul 12

Nepal Saves Nearly Rs. 9.87 Arba In Foreign Currency After Fuel Imports Drop

Nepal saved nearly Rs. 9.87 arba in foreign currency after petrol and diesel imports dropped by more than 6.9 crore liters following the two-day public holiday policy and the return of misused government vehicles.

Jul 10

Government Proposes Mandatory GPS Devices For Passenger And Goods Vehicles

Nepal has proposed GPS tracking for passenger and goods transport vehicles to improve monitoring, tax compliance, and the movement of commercial goods

Jul 9

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