KATHMANDU: The NADA Automobiles Association of Nepal (NADA) has welcomed the budget for the fiscal year 2025/26. A NADA delegation met Minister for Finance Bishnu Prasad Paudel on Friday to express appreciation for, what it called, an automobile market-friendly budget.…

KATHMANDU: The decision to keep electric vehicle (EV) taxes unchanged in the fiscal year 2025/26 budget has elated the Nepali automobile industry. There were concerns in the automobile industry about a possible hike in EV taxes. However, Finance Minister Bishnu…

KATHMANDU: While the government kept tax rates unchanged for most of the electric vehicle (EVs) categories in the fiscal year 2025/26 budget, tax rates for electric double-cabin pickups have been slightly raised. According to the Ministry of Finance, the change…

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…