KATAHMANDU: seven provinces have announced various tax and penalty waiver schemes for vehicle owners through their budgets for the fiscal year 2026/27 The provinces have targeted vehicle owners who have not paid vehicle tax for a long period, failed to…

KATHMANDU: Road excavation has been prohibited for the next three months, effective until August 15. The Federal Road Supervision and Monitoring Office under the Department of Roads has issued the notice. The restriction comes into effect from June 15 and…

KATHMANDU: Suzuki motorcycles and scooters can now be purchased under a zero percent interest rate finance scheme in Nepal. VG Automobiles, the official distributor of Suzuki in Nepal, has introduced the special offer. According to the company, the finance scheme…

TANJUNG MALIM (Malaysia): Nepal has become one of the countries with high electric vehicle adoption, with EVs accounting for more than 70 percent of new car sales. More than three dozen EV brands are currently available in Nepal, with Chinese…

KATHMANDU: Himalayan Bank has initiated the process to seize 337 Vespa and Aprilia scooters after the borrower failed to repay the loan principal and interest, triggering recovery action under collateral enforcement procedures. The bank issued a 15-day public notice, stating…