Monday, August 31st, 2026

Govt raises personal income tax threshold to Rs 1 million



KATHMANDU: The government has increased the personal income tax threshold to Rs 1 million.

Finance Minister Swarnim Wagle announced the provision while presenting the budget for the upcoming fiscal year.

Until the current fiscal year, the personal income tax threshold stood at Rs 600,000. The new adjustment raises the exemption limit to Rs 1 million, according to the budget statement.

Publish Date : 29 May 2026 16:55 PM

Foreign currency exchange rates fixed for today

KATHMANDU: Nepal Rastra Bank has fixed the foreign currency exchange

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

WHO provides $150,000 worth of emergency health supplies for flood-affected communities

KATHMANDU: The World Health Organization (WHO) has provided emergency health

PM Balendra Shah says government committed to protecting every citizen’s life

KATHMANDU: Prime Minister Balendra Shah has said the government is

Trucks stranded in Kalanki after flood damages road at Krishnabhir

KATHMANDU: Trucks and other cargo vehicles heading out of Kathmandu