Friday, May 29th, 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

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

World Cup expected to trigger record betting surge, says expert

KATHMANDU: The upcoming FIFA World Cup is expected to generate

Land subsidence reported in Pokhara ahead of monsoon

KASKI: Land subsidence has begun appearing in different parts of

NC-affiliated Nepal Tharu Association set to elect leadership through first general convention

KATHMANDU: The Nepal Tharu Association, a sister organization of the

Nepal exports goods worth Rs 88 billion in 10 months

BIRGUNJ: Goods and services worth Rs 88.22 billion were exported