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…

KATHMANDU: The terms ‘budget’ and ‘electric vehicles (EVs) tax’ have become nearly synonymous in Nepal. This is because each time the budget cycle approaches, whether during its preparation or review, rumors of EV tax hike spreads like wildfire. In fiscal…

KATHMANDU: The Bagmati Province Government has introduced new standards for electric vehicles (EVs) used in tourist transportation. The Ministry of Culture and Tourism enforced the Standards for Quality, Operation, and Management of Tourist Transport (Electric Vehicles), 2025 on Friday. Under…