KATHMANDU: The Bagmati Provincial Government has resumed the registration of public transport vehicles. This comes despite a directive from the Department of Transport Management to halt registrations nationwide. On May 21, the department had instructed all provinces and local bodies…

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…

KATHMANDU: The government has revised another provision related to the Clean Infrastructure Investment Fee imposed on electric vehicles. Through an amendment to the Finance Bill 2026/27, the government has exempted EVs imported before the budget announcement but not yet registered…

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…

KATHMANDU: Finance Minister Dr. Swarnim Wagle has said the prices of electric vehicles priced below Rs 5 million will decrease after the government corrects a tax provision introduced through the budget for FY 2026/27. Speaking at a post-budget discussion organized…