News

TIA extends free pick-and-drop time to 15 minutes

KATHMANDU: Vehicles dropping off or picking up passengers at Tribhuvan International Airport will now be allowed to stay for up to 15 minutes without paying a parking fee. The Tribhuvan International Airport Office introduced the new arrangement to make passenger…
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

Small EVs get tax relief as RDF cut by half

KATHMANDU: The government has reduced the Road Development Fee (RDF) on entry-level electric vehicles priced up to Rs 2 million. The fee has been cut from 5 percent to 2.5 percent through an amendment to the Finance Bill 2026. The…