KATHMANDU: The Gandaki Province government has fixed ride-sharing fares for two-wheelers and four-wheelers operating within the province. The fare rates were set by the Ministry of Physical Infrastructure Development and Transport Management following the implementation of ride-sharing regulations approved by…

KATHMANDU: Nepal’s automobile sector has once again been left assessing the impact of changes announced in the national budget. Finance Minister Dr. Swarnim Wagle presented the budget for fiscal year 2026/27 on Friday, keeping tax rates unchanged for most vehicles…

KATHMANDU: The Ministry of Finance has clarified the tax structure for electric vehicles (EVs) following confusion over the provisions introduced through the Financial Act 2026(2083). The government has replaced the previous excise duty on EVs with a new levy called…

KATHMANDU: Ride-sharing services are now set to become more expensive. The government, through the Economic Bill 2026, has imposed a total of 6 percent tax on ride-sharing services under two different headings. The government has levied a 5 percent Value…

KATHMANDU: The government has removed excise duty on electric vehicles. The change comes through the Economic Act 2026, introduced to implement the budget for FY 2026/27. Finance Minister Dr. Swarnim Wagle announced a new tax structure. EV taxes will no…