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.
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