Friday, December 5th, 2025

Gold traders ask PM Oli to review luxury tax and VAT rates



KATHMANDU: Gold and jewelry traders have drawn Prime Minister KP Sharma Oli’s attention to the new taxes introduced in the current fiscal year, a 2% luxury tax on gold and a 13% value-added tax on diamonds.

A delegation led by Kisan Sunar, president of the Nepal Gold, Silver, Gem and Jewellery Federation, met the prime minister to seek a long-term solution, including the formulation of business-friendly policies and guidelines.

According to the federation, the prime minister assured the delegation that the issues raised would be seriously studied through the relevant ministries and necessary steps would be taken to address them.

The delegation included federation special member Sureshman Shrestha, advisor Jyotsna Shrestha, general secretary Nir Bahadur Bishwakarma, executive committee member Prasun Jalan, office chief Ram Maharjan, and Bipin Ramudamu, coordinator of the Nepal Gold and Silver Traders and Artisans Struggle Committee.

Publish Date : 13 August 2025 12:40 PM

Paddy production increases in Tanahun

DAMAULI: Paddy production has increased in Tanahun this year, according

Milk production increases in Tanahun

DAMAULI: Milk production has increased in Tanahun as farmers’ interest

Lumbini Lions reaches playoffs; defending champion Janakpur Bolts eliminated from league stage

KATHMANDU: Lumbini Lions have secured a spot in the playoffs

Election countdown begins as govt and EC intensify preparations

KATHMANDU: Only 90 days remain until the election of members

Yadav appointed Madhesh Chief Minister

JANAKPURDHAM: Krishna Prasad Yadav has been appointed Chief Minister of