Finance Minister Dr Swarnim Wagle presented a Rs 2124 billion budget for the upcoming fiscal year, 2026/27 in the joint meeting of federal parliaments- the House of Representatives and the National Assembly on Friday.
The government has announced that there will be provision for access of international market for trading electricity for private sector.
Presenting the budget for the fiscal year 2026/27 at the joint session of the Federal Parliament today, Finance Minister Dr Swarnim Wagle announced significant reforms in the tax system, sharing that the approach of transforming tax administration from a punitive entity to a partner in development.
Economists have laid emphasis on the need of restructuring tax administration, improving public finance management and making value added tax (VAT) system further effective.
Nepal produces around 165,000 tons of plastic products every year and imports large amounts of plastic to meet demand. The country also generates more than 242,000 tons of plastic waste annually, with a significant amount leaking into the environment.
Officers of the customs office have taken control of the container driver and helper who were illegally trying to take two containers carrying one hundred thousand and eighteen illegal vapes by showing the fake covenant through the Korala checkpoint connecting Nepal and China around 11 PM on May 15, 2026.
Price of fine gold up by Rs 800 per tola today.
The price of egg in the country has increased after production dropped since the beginning of the summer season.
Hamro Patro Remit has launched its social initiative, “Send Local, Support Local,” to give back to local communities.
From electric vehicles turning heads on European streets to bubble tea shops multiplying across Southeast Asia and quirky plush toys igniting a collecting frenzy worldwide, Chinese brands have gained global popularity, emerging as symbols of innovation, design and quality.
A diplomatic effort would be taken to attract more international air service providers at the Gautam Buddha and Pokhara International airports.
The Kathmandu Valley in the past 24 hours recorded 2,034 cases of traffic violations. Revenue of Rs 2.21 million has been collected as fines from the violators of traffic rules.