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Nationwide public transport halt causes disruption across Nepal

KATHMANDU: A nationwide strike by transport entrepreneurs has brought public transport services to a standstill across Nepal, causing significant disruption to daily life. The protest, led by the National Federation of Nepal Transport Entrepreneurs, comes in response to the Gandaki…
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NAIMA gives mixed reaction to budget

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has given a mixed reaction to the government’s budget for the fiscal year 2025/26. In a statement issued on Friday, NAIMA welcomed several positive measures but also highlighted missed opportunities for…
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NADA welcomes budget

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.…
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Private sector hails decision to keep tax rates unchanged

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…
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Govt raises tax rates for electric double-cab pickups

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…