KATHMANDU: The new tax structure introduced in the Fiscal Year 2026/27 (2083/84) budget is likely to make electric cars more expensive in Nepal. Through the Economic Act 2026 (2083), the government has changed how EV taxes are calculated. Instead of…

KATHMANDU: The Ministry of Finance has clarified the tax structure for electric vehicles (EVs) following confusion over the provisions introduced through the Financial Act 2026(2083). The government has replaced the previous excise duty on EVs with a new levy called…

KATHMANDU: The government has tightened rules on importing small electric microbuses (vans). According to the new Financial Act 2026(2083), introduced to implement the budget presented by Finance Minister Dr. Swarnim Wagle on Friday, the customs duty on electric microbuses with…

KATHMANDU: The new budget publicised by the government yesterday has determined the tax on electric cars based on their value. The new tax policy set by the government is set to increase the price of small electric cars. The Government…

KATHMANDU: The government has removed excise duty on electric vehicles. The change comes through the Economic Act 2026, introduced to implement the budget for FY 2026/27. Finance Minister Dr. Swarnim Wagle announced a new tax structure. EV taxes will no…