Thursday, 2 May, 2024
By Gopal Chandra Subedi, Kathmandu, May 28: The government has managed to provide various discounts on electricity consumption, considering the COVID-19 crisis.
"Electricity consumption up to one unit would be free of cost, discount up to 25 per cent would be provided for consumption up to 150 unit and 15 per cent discount would be provided for consumption up to 250 unit," said Dr Yubraraj Khatiwada while presenting the budget for Fiscal Year 2020/21 before the joint session at Federal Parliament today.
Dr Khatiwada said that the demand cost collected from industries had been waived until COVID-19 crisis and the electricity consumption tariff would be discounted by 50 per cent.
Likewise, the government has discounted in tax rate of parking cost, license renewal and infrastructure cost of aviation companies.
"Targeting the contractors, the contract tenure and tenure of bank guarantee would be extended until lockdown," said Dr Khatiwada.
He also mentioned that beginner fund would be established for those willing to operate innovative enterprise to provide loan in two per cent interest rate.
Do not make expressions casting dout on election: EC
14 Apr, 2022
CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022
Three new cases, 44 recoveries in 24 hours
14 Apr, 2022
689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022
How the rising cost of living crisis is impacting Nepal
14 Apr, 2022
US military confirms an interstellar meteor collided with Earth
14 Apr, 2022
Valneva Covid vaccine approved for use in UK
14 Apr, 2022
Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022
Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022
President Bhandari confers decorations (Photo Feature)
14 Apr, 2022
