Govt abolishes excise duty on 360 items
▸ Part of: Nepal Unveils Major Tax Reforms: Income Tax Threshold Raised, Excise Duty Abolished on 360 Goods
The government has abolished excise duty on 360 items. Finance Minister Dr. Swarnim Wagle presented the annual budget for the fiscal year 2026/27, noting concerns about high income tax on salaried workers in South Asia. The budget aims to provide relief by widening the tax exemption threshold.
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