KATHMANDU: The government has allocated more than Rs 120 billion for the upgrade and expansion of major highways across the country in the upcoming fiscal year 2026/27 (2083/84). Presenting the annual budget in the joint meeting of the Federal Parliament…

KATHMANDU: Nepal’s automobile sector remains one of the key contributors to government revenue, but it continues to face persistent political instability. Businesses often struggle to operate within an uncertain framework, where even compliant players are unable to make long-term investment…

KATHMANDU: Vaidya’s Organization has been appointed as the official importer and distributor of Ultraviolette motorcycles in Nepal, replacing Kedia Group. The partnership marks a new phase for the Indian premium electric motorcycle brand as it looks to strengthen its presence…

KATHMANDU: The government is presenting the budget for fiscal year 2026/27 today, May 28, 2026. The automobile sector is also closely watching the new budget, especially possible changes in vehicle taxation. Like previous years, the government is expected to revise…

KATHMANDU: Finance Minister is set to unveil Nepal’s federal budget for fiscal year 2026/27 (2083/84) tomorrow. Ahead of the announcement, discussions around possible changes in electric vehicle taxation have intensified across the auto industry. One of the major proposals being…