Finance Minister Dr Prakash Sharan Mahat has said the government has prioritized the need to increase the capital expenditures in the budget for the upcoming fiscal year 2023-24.
Similarly, implementation aspect of the budget is the government co…
The government has decided to impose two percent luxury charge for services of high-end hotels and resorts, imported liquors and precious metals.
The government has made this announcement through the budget for the upcoming fiscal year 2023-24 th…
Tax more than Rs 10,000 will be levied on iphone and mobile brought from foreign countries and costing over Rs 100,000. The government has introduced provisions of levying Rs 3,000 tax on other smart phones and Rs 200 tax on rest of the mobiles othe…
Finance Minister Dr. Prakash Sharan Mahat has presented a budget of 63 billion more than the ceiling given by the National Planning Commission (NPC) in the fiscal year 2023/24.
The NPC had said that resources of 16 trillion 88 billion rupees coul…
The government has set a target of 6 percent economic growth for the next financial year 2023/24.
Unveiling the fiscal budget today, Finance Minister Dr. Prakash Sharan Mahat said that the goal of economic growth will be achieved if the economic …
The Nepal government has allocated 17 trillion 51 billion 310 million rupees as the budget for the fiscal year 2023/24.
Of which, 11 trillion 41 billion 780 million rupees or 65.20 percent of the total budget is the recurrent budget (expendi…
The government has relaxed the restrictions enforced on the land plotting.
Unveiling the budget for the fiscal year 2023/24 on Monday, Finance Minister Dr. Prakasharan Mahat said that the restriction imposed on the plotting of lands has been remo…
The government has said it will not procure any new vehicles in the upcoming fiscal year.
Unveiling the budget for the fiscal year 2023/24, Finance Minister Dr. Prakash Sharan Mahat said that a decision has been taken not to purchase any new vehi…
The licenses of twenty public institutions considered to be irrelevant will be scrapped.
Unveiling the budget for the fiscal year 2023/24 today, Finance Minister Dr. Prakash Sharan Mahat announced that 20 public institutions without relevanc…
It is estimated that revenue collection will be 11 trillion 79 billion 8.4 million rupees in the current financial year.
Releasing the budget for the fiscal year 2023/24, Finance Minister Dr. Prakasharan Mahat said that it is only 84 percent comp…