© All rights reserved. NepalKhabar


Govt unveiling fiscal budget 2023/24 today


 |  Kathmandu

(Image for Representation)

The government is unveiling the budget for the fiscal year 2023/24 today (Monday).

According to the constitutional provisions, the government is announcing the budget today on May 29 (Jestha 15).

Finance Minister Dr. Prakash Sharan Mahat will present the budget in the joint meeting of both Houses of Parliament (House of Representatives and National Assembly) today.

The budget consists of four bills -- Appropriation Bill, Economic Bill, National Debt Bill, and Loan and Guarantee Bill.

Finance Minister Mahat will deliver the budget speech based on these bills.

However, the budget will be implemented from July 17.

All customs checkpoints are closed from 12 midnight on Sunday as it is the time to revise the tax rates. The border has been closed for 24 hours. According to which the checkpoint will remain closed till 12 am tonight.


Related News

Value of USD, Pound, Dinar up, Euro, AUD down

While the value of many currencies including USD, UK Pound, and Dinar have increased, that of Euro,…

Budget is civic-friendly: FinMin Pun

Finance Minister Barsha Man Pun said the government has, through the budget for the upcoming fiscal…

Govt targets to achieve 6 % economic growth rate in upcoming FY

The government has estimated an economic growth rate of 6 percent in the upcoming fiscal year and 5…

Citroën to launch new variant EV for Nepali market

Shangrila Motors Private Limited, the authorized distributor of the Citroën brand in Nepal, is…