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31 results for "VAT"

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.

18 hours ago

Can Citizens Legally Record Police Officers in Nepal? Constitution and Existing Laws Explained

A legal discussion published by law student Bibek Chaudhary examines whether citizens in Nepal have the constitutional right to record police officers performing official duties in public places. The analysis concludes that no existing law explicitly prohibits such recordings and argues that they are protected under the rights to freedom of expression and access to information.

Yesterday

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.

Yesterday

Why Did Farmers Throw Tomatoes On Kathmandu's Streets? Their Message Is Hard To Ignore

Vegetable farmers staged a protest at Maitighar Mandala by dumping tomatoes on the road, saying they can no longer recover even their production costs because of poor prices and weak market support. They urged the government to introduce fair pricing, stronger protection for local produce, and immediate reforms to prevent farmers from being pushed out of agriculture.

Yesterday

Mystery Vehicle Blockade Outside Media Houses And Gagan Thapa’s Residence Triggers Investigation And Political Questions

Five vehicles were mysteriously parked outside major media houses, BhatBhateni Super Market, and Nepali Congress President Gagan Thapa’s residence in Kathmandu, raising concerns over possible political pressure and threats to press freedom.

2 days ago

Nepal’s Dog Chew Exports Grow Despite US Tariff, Industry Eyes Rs 10 Billion European Market

Nepal's dog chew exports increased by 7 percent despite a 10 percent US tariff, reaching Rs 4.29 billion in the first 11 months of the fiscal year. Industry leaders believe exports could exceed Rs 10 billion if Nepal gains access to the European Union market by meeting international animal health standards.

3 days ago

Nepal’s Melting Mountains: How Climate Change Is Draining The Country’s Natural Wealth

Nepal's Himalayas are melting faster than ever, threatening rivers, agriculture, hydropower, tourism, and millions of lives. This investigative report explores how climate change is reshaping the country's natural resources, economy, and future, while examining the urgent steps needed to reduce the growing risks.

3 days ago

Farmer Earns Rs 12 Lakhs A Year From Dragon Fruit Farming In Ilam After Returning From Foreign Employment

Farmer Prabin Ingnam Earns Rs 12 Lakhs A Year From Dragon Fruit Farming In Ilam After Leaving Foreign Employment; The Business Creates Local Jobs And Inspires More Farmers With Strong Market Demand And Government Support

3 days ago

"Sayaun Thunga Phool Ka: The Song Nepal Sings But Rarely Understands"

Nepal’s national anthem is more than a patriotic song it marks the country’s shift from praising a king to celebrating its people, diversity, sacrifice, and shared identity. This article explores what its 46 words really mean, how the anthem was chosen, and the legal rules most Nepalis still do not know.

4 days ago

Gandaki Province Becomes First in Nepal to Legalize Cannabis Cultivation for Medicinal and Industrial Use

The Gandaki Provincial Assembly has unanimously approved a landmark bill allowing the regulated cultivation of cannabis for medicinal and industrial purposes. The new law introduces a strict licensing and monitoring system, making Gandaki the first province in Nepal to legally permit cannabis cultivation under government supervision.

6 days ago

Gandaki Province Legalizes Marijuana Cultivation for Medicinal and Industrial Use

Gandaki Province Legalizes Marijuana Cultivation For Medicinal And Industrial Use As Provincial Assembly Unanimously Passes New Law To Boost Investment, Create Jobs And Support Industrial Growth

6 days ago

Constitution Amendment Task Force Faces Credibility Test After Four Opposition Parties Walk Out

Government Constitution Amendment Task Force Reaches Final Report Stage But Four Opposition Parties Leave Over Questions On Its Legitimacy, Mandate And Protection Of Basic Constitutional Values

Jul 9

US Launches Airstrikes Across Iran After Strait Of Hormuz Ship Attacks

The United States has launched a new wave of large scale airstrikes across Iran after three commercial ships were attacked while passing through the Strait of Hormuz, sharply increasing tensions between Washington and Tehran and raising concerns over regional security and global energy supplies. According to the US Central Command (CENTCOM), the strikes were carried out after three commercial vessels with civilian crews came under attack while transiting the strategic waterway. The United States blamed Iran for the attacks and said the military operation was intended to protect freedom of navigation and hold Tehran accountable. Iranian officials have not confirmed or denied responsibility for the attacks on the ships. CENTCOM said US forces struck more than 80 military targets across Iran using precision weapons. The targets included air defense systems, command and control facilities, coastal radar installations, anti ship missile systems, missile related infrastructure, and more than 60 small boats linked to Iran's Islamic Revolutionary Guard Corps (IRGC). US officials described the operation as one of the largest military actions since the latest round of fighting began. Iranian state media reported explosions in several strategic locations, including Sirik, Bandar Abbas, Qeshm Island, and Kharg Island. Reports from Iranian media said several people were injured after debris struck parts of the Sirik commercial port. Iran's state broadcaster also claimed that many of the US strikes hit civilian areas, although the United States has not commented on that allegation. Iran strongly condemned the US operation. The Khatam al Anbiya Central Headquarters described the strikes as a blatant act of aggression and warned that Iran's armed forces would deliver what it called a strong response. The military also repeated that it would not accept outside interference in the Strait of Hormuz and said commercial shipping should use routes designated by Iran. Iranian Parliament Speaker Mohammad Bagher Ghalibaf accused Washington of violating previous understandings between the two countries and said Iran would not yield to pressure. Foreign Minister Abbas Araghchi also said Iran would not enter negotiations while facing military threats, adding that the United States should first respect earlier agreements before any future talks could move forward. The latest escalation has also affected economic relations. The United States announced that temporary relief from restrictions on Iranian oil exports would end on July 17, restoring tighter measures on Iran's oil trade. US officials said the decision was linked to the latest developments in the Strait of Hormuz and formed part of Washington's broader response to the crisis. Global energy markets reacted quickly to the renewed tensions. Crude oil prices rose by about 2.7 percent to around 72.40 dollars per barrel as investors weighed the possibility of further disruption in one of the world's most important energy shipping routes. The Strait of Hormuz carries a significant share of global oil exports, and any military confrontation in the area has the potential to affect fuel prices and international trade. As tensions continued to rise, Bahrain activated air raid sirens and advised residents to remain calm and move to safe locations as a precaution. Reports also indicated increased military activity across parts of the Gulf region, highlighting fears that the conflict could spread beyond the immediate area. The latest exchange comes despite previous diplomatic efforts aimed at reducing hostilities between the United States and Iran. Analysts say the renewed military action has placed those efforts under severe strain and warned that further retaliation by either side could increase the risk of a wider regional conflict. Governments and financial markets around the world are now closely watching for further military developments as well as any renewed diplomatic efforts to prevent another major escalation.

Jul 8

Government Employee Identified In Imadol Indecent Exposure Case

Police have identified Surendra Bhatta of Baitadi, reportedly a government employee, as the suspect in the Imadol indecent exposure case involving a young woman in Lalitpur.

Jul 6

Do We Really Love Dogs... Or Just Our Own? The Forgotten Reality of Nepal's Street Dogs

Despite laws against animal cruelty and promising initiatives like Baglung's dog hostel, vaccine shortages, weak implementation, and delayed animal welfare reforms continue to leave both people and street dogs vulnerable.

Jul 3

Sanepa Becomes A Green Model Along Kathmandu's Ring Road

Sanepa in Lalitpur has transformed into one of the greenest stretches along Kathmandu Valley's Ring Road after trees planted about seven years ago matured into a dense urban canopy. The success highlights how long-term plantation and regular maintenance can improve air quality, beautify cities, and create more comfortable public spaces despite ongoing Ring Road expansion works.

Jun 30

Former South Korean First Lady Sentenced To Seven Years In Luxury Gifts Bribery Case

Former South Korean First Lady Kim Keon Hee has been sentenced to seven years in prison after being found guilty of accepting luxury gifts in exchange for political and business favours. The ruling deepens the legal downfall of South Korea's former presidential couple, with her husband, former President Yoon Suk Yeol, already serving a life sentence over his failed 2024 martial law attempt.

Jun 28

TikTok Founder Zhang Yiming Becomes Asia's Second Richest Person

Chinese tech entrepreneur Zhang Yiming, co-founder of ByteDance and owner of TikTok, has become Asia's second-richest person, overtaking Indian billionaire Mukesh Ambani after a sharp rise in ByteDance's valuation. The latest wealth rankings highlight the growing influence of technology and artificial intelligence alongside traditional sectors such as infrastructure, energy and telecommunications in shaping Asia's richest individuals.

Jun 28

From Prison Cells To Power: The Untold Story Of Nepal's Greatest Jailbreak

The men who crawled through a 50-foot tunnel beneath Nakhu Jail were not ordinary prisoners but young revolutionaries determined to continue their political struggle. Decades later, some of them would hold the highest offices in Nepal, turning a prison escape into a remarkable chapter of national history.

Jun 23

Government Chooses In-House Control For National Identity Card Programme

The Nepal government has cancelled an international tender for technical support of the National Identity Card Management Information System (NIDMIS) and plans to operate the system internally. The decision comes despite printer failures, server disruptions, reduced card production, and a backlog affecting millions of applicants waiting for their national identity cards.

Jun 23

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

Dolakha Celebrates Return Of Historic Akash Bhairav Crowns After Nearly Three Decades

Two centuries-old Akash Bhairav crowns, missing from Dolakha for nearly three decades, have been brought back to the district after being recovered from museums in the United States. The artifacts were welcomed through traditional ceremonies and formally reinstalled, restoring an important part of Dolakha's cultural and religious heritage.

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

Messi Scores Historic Hat Trick As Argentina Defeat Algeria In World Cup Opener

Argentina began its FIFA World Cup title defense with a convincing 3-0 victory over Algeria, powered by a hat-trick from Lionel Messi. The Argentine captain also matched the World Cup scoring record with his 16th tournament goal during his sixth appearance at football's biggest event.

Jun 16

Nepal is set to establish a major AI Computer Center

Nepal is set to establish a major AI Computer Center in Syuchatar under the Budget 2083/84 plan

May 29

Boptang in Udayapur Emerging as Nepal’s New Paragliding Hub, Attracting Foreign Trainees

Boptang Hill in Udayapur has started gaining recognition as an emerging paragliding training destination in eastern Nepal. With trainees arriving from Nepal and several foreign countries, tourism entrepreneurs say the area could become a major adventure tourism hub if proper infrastructure and government support are provided.

May 27

Smart Telecom Scandal Explained: How Rs 30 Arba Liability Turned Into A Major Political And Financial Controversy

Smart Telecom’s collapse has become one of Nepal’s biggest telecom controversies, raising questions over Rs 30 arba in dues, licence cancellation, asset control, bank loans and political decisions.

May 26

Jorpati Dairy Sealed After Chemicals And Inedible Fat-Like Substance Found During Government Inspection In Bhaktapur

The Department of Food Technology and Quality Control has sealed Jorpati Dairy in Bhaktapur after officials discovered chemicals and suspicious fat-like substances during an inspection of the milk processing facility.

May 26

BIG DIPLOMACY: Prime Minister Balendra Shah to Hold High-Level Meeting With 23 EU Ambassadors

A 23-member European Union delegation, including ambassadors and deputy heads of mission from across Europe, is set to meet Prime Minister Balendra Shah on Tuesday in Kathmandu.

May 25

UML Meeting Turns Heated As Leaders Question KP Oli’s Leadership After Election Defeat

A UML Secretariat meeting at KP Sharma Oli’s Gundu residence turned tense after leaders demanded an election review, leadership accountability, and party reform following the Fagun 21 election defeat.

May 22

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