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Bagmati Province offers tax relief for lost vehicles

KATHMANDU: The Bagmati Province government has introduced a provision to waive taxes on vehicles that were lost. The new rule is part of the ‘Finance Act 2082’ announced for the current fiscal year. As per the new provision, vehicle owners…
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China tightens controls on EV battery technology exports

KATHMANDU: China has introduced new rules to regulate the export of electric vehicle (EV) battery technology. The move aims to protect its leadership in the global EV market according to NYT. On Tuesday, the Ministry of Commerce announced that eight…
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Traffic police return 480 stolen, missing vehicles to owners

KATHMANDU: The Kathmandu Valley Traffic Police Office has recovered 480 stolen or missing motorcycles and scooters during the current fiscal year 2024/25 and returned them to their rightful owners. According to the office, it received over 2,000 complaints of missing…
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Police arrest two with ‘smuggled’ Suzuki Swift cars

KATHMANDU: A team from the Kathmandu Valley Traffic Police Office has arrested two individuals along with two suspicious vehicles. Traffic police on Sunday took under control two individuals in possession of two Maruti Suzuki Swift cars with registration numbers Ba…