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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…
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Budget 2025/26: These are the five incentives for the automobile sector

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…
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New budget prioritizes infrastructure, industrial development

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…
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Government keeps EV tax rates unchanged

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…
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Government allocates budget for key road projects and tunnels

KATHMANDU: The government has announced significant investment in Nepal’s road infrastructure in the budget for the upcoming fiscal year 2025/26. Finance Minister Bishnu Prasad Paudel, while presenting the budget at the joint session of the Federal Parliament on Thursday, shared…