KATHMANDU: The budget for the upcoming fiscal year 2025/26 has several positive aspects for the automobile sector. Unlike previous years when automobile distributors would often be disappointed with the budget, they appear rather optimistic this year. Finance Minister Bishnu Prasad…

KATHMANDU: The government has presented a budget of Rs 1,964.11 billion for the fiscal year 2025/26, marking an increase of Rs 103 billion from the previous year. Enhancing infrastructure, promoting clean energy and revitalizing industrial capacity are among the major…

KATHMANDU: The government has decided to keep tax rates on electric vehicles (EVs) unchanged for the upcoming fiscal year 2025/26. Finance Minister Bishnu Prasad Poudel made the announcement while presenting the national budget during a joint session of the federal…

KATHMANDU: A motor vehicle operates efficiently only for a certain number of years. As vehicles age, their performance deteriorates, which leads to higher risks of accidents, increased emissions, and rising maintenance and fuel costs. Phasing out older vehicles, therefore, becomes…

KATHMANDU: A delegation from the NADA Automobiles Association of Nepal (NADA) met with the newly appointed Governor of the Nepal Rastra Bank (NRB), Dr Biswo Poudel, on Friday and held discussion on several issues affecting the country’s automobile sector. The…