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KATHMANDU: The government has decided to hike infrastructure development tax on petroleum products to Rs 10 per liter.
Speaking at a press meet organized to make public Cabinet decision, government Spokesperson Dr. Yuvaraj Khatiwada said that the tax has been increased by Rs 5 per liter.
Currently, the government has been charging Rs 5 infrastructure development tax to collect money for the construction of Budhi Gandaki Hydropower Project.
With the tax increased, the price of petroleum products is sure to increase.