KATHMANDU: The government’s budget for fiscal year 2026/27 has introduced a new tax structure for electric vehicles. However, the prices of several entry-level EVs are unlikely to increase due to the changes. The government has removed the existing excise duty…

KATHMANDU: With the government imposing a 227 percent total tax on electric vehicles (EVs) priced above Rs. 5 million (CIF value), petrol and hybrid cars are now emerging as more attractive options for buyers in the premium segment. Petrol cars…

KATHMANDU: Nepal’s new value-based taxation system is creating fresh challenges for automobile importers. Companies say they are being forced to adjust declared vehicle values ​​to manage rising tax burdens. The shift to CIF-based taxation means taxes are calculated at the…

KATHMANDU: Premium electric SUVs in Nepal are set to become significantly more expensive following the new tax structure introduced in the Fiscal Year 2026/27 budget. The government has replaced the excise duty system with a new ‘Clean Infrastructure Investment Fee’.…

KATHMANDU: The government has revised another provision related to the Clean Infrastructure Investment Fee imposed on electric vehicles. Through an amendment to the Finance Bill 2026/27, the government has exempted EVs imported before the budget announcement but not yet registered…