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Price of sugar to fall as govt reduces customs duty

KATHMANDU: The government has decreased the customs duty on sugar and jaggery. The customs duty on sugar will be reduced from 40% to 30% starting in the new FY 2023/24, according to the government’s budget, which was released on Monday. A lower price for Indian sugar to be imported...

Price of sugar to fall as govt reduces customs duty

Rs 10K tax levied on imported cell phones costing over Rs 100,000

Govt will increase investment in the green energy sector

Govt will increase investment in the green energy sector

Govt sets up arrangements so that tax payments are made within four months

Govt sets up arrangements so that tax payments are made within four months

Govt will permit businesses to be founded with just a Rs. 100 minimum authorized capital

Govt will permit businesses to be founded with just a Rs. 100 minimum authorized capital

Khunde and Khamjung villages in Solukhumbu now have high-speed internet access

Khunde and Khamjung villages in Solukhumbu now have high-speed internet access

Govt forgiving of alcohol and cigarette products

Govt forgiving of alcohol and cigarette products

Mount Everest summitters receive official recognition from the government in a special batch

Mount Everest summitters receive official recognition from the government in a special batch

Nepal introduces ‘luxury tax’ for the first time

Nepal introduces ‘luxury tax’ for the first time

Govt hopes to reach its target of a higher economic growth

Govt hopes to reach its target of a higher economic growth

Highlights of budget for fiscal year 2023-24

Highlights of budget for fiscal year 2023-24

Govt to conduct feasibility study for cannabis farming

Govt to conduct feasibility study for cannabis farming

Govt removes minimum threshold for foreign investment in IT sector

Govt removes minimum threshold for foreign investment in IT sector

Govt to conduct feasibility study for cannabis farming

Govt to conduct feasibility study for cannabis farming

Budget transfer to province and local units on the basis of work progress

Budget transfer to province and local units on the basis of work progress

Budget of Rs 1.75 trillion announced for fiscal year 2023-24

Budget of Rs 1.75 trillion announced for fiscal year 2023-24

Budget for MoPIT downsized by Rs 30 billion

Budget for MoPIT downsized by Rs 30 billion

Govt will lower the ground handling charges for foreign airlines

Govt will lower the ground handling charges for foreign airlines

NEA becomes most profitable public organization surpassing Nepal Telecom

Nepal’s recurrent expenditure exceeds Rs 1.225 trillion

Nepal’s recurrent expenditure exceeds Rs 1.225 trillion

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