News

Rising dollar forces importers to delay customs until rates drop

KATHMANDU: Nepal’s new value-based taxation system is creating fresh challenges for automobile importers. Companies say they are being forced to adjust declared vehicle values ​​to manage rising tax burdens. The shift to CIF-based taxation means taxes are calculated at the…
News

Mahanagar Yatayat expands EV fleet with 16 new buses

KATHMANDU: Mahanagar Yatayat Pvt. Ltd. has added 16 new electric buses to its fleet. The buses were handed over by Shashila Motors Pvt. Ltd. in Kathmandu on Wednesday. The company will deploy these buses on the Ring Road route. Earlier,…