Government scraps excise duty on 360 goods in major tax reform push

english.clickmandu.com · 19 hours ago

The government has abolished excise duties on 360 different goods as part of a major tax reform initiative announced in the national budget for fiscal year 2026/27. Finance Minister Swarnim Wagle unveiled the measure during a joint session of the federal parliament. The move aims to simplify Nepal’s tax structure and streamline revenue collection.