KATHMANDU: The new tax structure introduced in the Fiscal Year 2026/27 (2083/84) budget is likely to make electric cars more expensive in Nepal. Through the Economic Act 2026 (2083), the government has changed how EV taxes are calculated. Instead of…

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 new budget publicised by the government yesterday has determined the tax on electric cars based on their value. The new tax policy set by the government is set to increase the price of small electric cars. The Government…

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…

KATHMANDU: The government has announced major policy changes for Nepal’s automobile sector through the budget for Fiscal Year 2026/27 (2083/84). The new budget focuses on electric mobility, tax reform and transport infrastructure development. EV tax now based on vehicle value…