Budget highlight
Budget outlay fixed at Rs 126 billion 885.1 million
• Development expenditute fixed at Rs 52 billion 40 million 411 thousand
• Net deficit at Rs 11.85 billion
• Fiscal deficit pegged at Rs 15 billion 906.7 million
• No tax on income of up to Rs 125,000 for married and Rs 100,000 for unmarried
• 25 per cent salary hike for postmen
• Special allowance for government employees merged with salary
• 10 per cent hike in pension (for 85 above)
• Education sector gets Rs 21.05b
• Agriculture sector gets Rs 3.810 billion
• Rs 790.09 million for land reforms programme
• Health sector gets Rs 7.68 billion
• Rs 1.52 billion earmarked for Melanchi project
• Rs 350 million allocated for Sikta Irrigation Project
• NEA to issue 20 to 30 years power bond to construct new projects
• 150 pilot irrigation projects will be operate dunder the management of Cooperatives
• Rs 40 million allocated for the implementation of community-based special programmes in 40 districts
• Special livestock programme targeted to dalits and freed bonded labourers in 22 districts
• Free of cost vocational trainings for conflict-hit IDPs
• Financial sector reform programme to continue
• Rs 6.60 billion budget allocated for municipal election
• Rs 5.57 billion allocated for overall programmes of Roads Sector
• Rs 2.79 billion earmarked for Middle Marsyangdi Hydroelectric Project
• Business income tax altered. Nepse registered company gets two per cent rebate
• Nepal Telecom to be listed on Nepse
• Industrial Rehabilitation Fund to be established
• NRN ordinance in offing
• Special package for Karnali
• Diamond and jewellery to attract seven per cent levy
• Export Promotion Village to be set up
• Work to be started for Special Economic Zone in Birgunj
• General insurance transaction has been brought into the net of VAT
• Annual royalty to be paid by each Casino operated in the Kingdom of Nepal has been raised to Rs 15 million
• Royal Palace expenses raised to Rs 355 million