Friday, June 26th, 2026

Govt abolishes excise duty on 360 items



KATHMANDU: The government has abolished excise duty on 360 items.

Presenting the annual budget for the fiscal year 2026/27 in Parliament on Friday, Finance Minister Dr. Swarnim Wagle said there had been growing concern that the income tax imposed on salaried workers was among the highest in South Asia.

Through the budget for the upcoming fiscal year, the government has provided relief to working citizens by widening the tax exemption threshold.

Publish Date : 29 May 2026 16:56 PM

Jagadish Kharel withdraws from RSP general secretary race

KATHMANDU: Former Communications Minister Jagadish Kharel has withdrawn from the

Prachanda and Nepal meet NC leader Shekhar Koirala in Biratnagar

KATHMANDU: Nepali Communist Party coordinator and former Prime Minister Pushpa

RSP Chief Whip Burlakoti withdraws from race for general secretary

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Gold price rises by Rs 800 after three consecutive days of decline

KATHMANDU: After declining continuously for the past three days, the

HoR meeting postponed until June 27

KATHMANDU: The meeting of the House of Representatives (HoR) scheduled