Thursday, October 24th, 2024

Infrastructure development tax on petroleum products hiked


27 February 2020  

Time taken to read : < 1 Minute


  • A
  • A
  • A

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.

Publish Date : 27 February 2020 16:56 PM

Today’s news in a nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Beekeeping fetches handsome income for returnee migrant in Dang

DANG: Shreedhan Gharti of Supaila Khuti in Ghorahi Sub-Metropolitan City-18

Industry Minister reiterates commitment to construct dry port

KANCHANPUR: Minister for Industry, Commerce and Supplies, Damodar Bhandari, has

Jungle safari opens for public in Shuklaphanta

KANCHANPUR: The Shuklaphanta National Park in Kanchanpur district has been

Nepal’s foreign trade falls 3.96% as both imports and exports drop

KATHMANDU: Nepal’s foreign trade has declined by 3.96 percent in