KATHMANDU: The government has reduced the Road Development Fee (RDF) on entry-level electric vehicles priced up to Rs 2 million. The fee has been cut from 5 percent to 2.5 percent through an amendment to the Finance Bill 2026. The…

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 Ministry of Finance has clarified the tax structure for electric vehicles (EVs) following confusion over the provisions introduced through the Financial Act 2026(2083). The government has replaced the previous excise duty on EVs with a new levy called…

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…