ECONOMY

Tax overhaul tops budget agenda

Tax overhaul tops budget agenda

Unveiling what he described as a major overhaul of the country’s taxation system, Finance Minister Dr Swarnim Wagl...

Unveiling what he described as a major overhaul of the country’s taxation system, Finance Minister Dr Swarnim Wagl...

May 29, 2026

ECONOMY

Govt raises income tax threshold to Rs 1 million

Govt raises income tax threshold to Rs 1 million

Finance Minister Dr Swarnim Wagle announced that the minimum taxable income has been increased from Rs 500,000 to Rs 1 m...

Finance Minister Dr Swarnim Wagle announced that the minimum taxable income has been increased from Rs 500,000 to Rs 1 m...

May 29, 2026

ECONOMY

Govt cuts customs slabs to 7 levels, abolishes excise duty on 360 items

Govt cuts customs slabs to 7 levels, abolishes excise duty on 360 items

Finance Minister Dr Swarnim Wagle announced the reform while presenting the budget in Parliament on Friday.

Finance Minister Dr Swarnim Wagle announced the reform while presenting the budget in Parliament on Friday.

May 29, 2026

POLITICS

PM Balen Shah attends budget session in Federal Parliament

PM Balen Shah attends budget session in Federal Parliament

His previous absence from parliamentary sessions had drawn criticism from opposition parties, which had at times disrupt...

His previous absence from parliamentary sessions had drawn criticism from opposition parties, which had at times disrupt...

May 29, 2026

ECONOMY

Govt spending at 63.76 percent as FY nears end with 45 days remaining

Govt spending at 63.76 percent as FY nears end with 45 days remaining

The government has spent only 63.76 percent of its total budget as the current fiscal year approaches its final 45 days,...

The government has spent only 63.76 percent of its total budget as the current fiscal year approaches its final 45 days,...

May 29, 2026

ECONOMY

FinMin breaks ‘briefcase tradition’, presents budget in Nepali handmade paper wrap

FinMin breaks ‘briefcase tradition’, presents budget in Nepali handmade paper wrap

Instead of the customary briefcase used by successive finance ministers, Dr. Wagle presented the budget draft wrapped in...

Instead of the customary briefcase used by successive finance ministers, Dr. Wagle presented the budget draft wrapped in...

May 29, 2026

ECONOMY

Cabinet approves budget for FY 2026/27

Cabinet approves budget for FY 2026/27

A Cabinet meeting chaired by Prime Minister Balen Shah held at the Prime Minister’s Office in Singha Durbar on Fri...

A Cabinet meeting chaired by Prime Minister Balen Shah held at the Prime Minister’s Office in Singha Durbar on Fri...

May 29, 2026

ECONOMY

Goods, services worth Rs 88.22 billion exported in 10 months

Goods, services worth Rs 88.22 billion exported in 10 months

Public Information Officer at Birgunj Customs Office, Udaya Singh Bista, told RSS that goods and services worth Rs 83.25...

Public Information Officer at Birgunj Customs Office, Udaya Singh Bista, told RSS that goods and services worth Rs 83.25...

May 29, 2026

WORLD

UN says protecting children online an 'urgent priority'

UN says protecting children online an 'urgent priority'

UN rights chief Volker Turk said states had to force tech giants to embed child safety, and said child harm was the dire...

UN rights chief Volker Turk said states had to force tech giants to embed child safety, and said child harm was the dire...

May 29, 2026

ECONOMY

Budget to focus on good governance and economic revitalization

Budget to focus on good governance and economic revitalization

Laying emphasis on revitalizing the economy, boosting up confidence of the private sector, increasing capital spending a...

Laying emphasis on revitalizing the economy, boosting up confidence of the private sector, increasing capital spending a...

May 29, 2026