Nepal's ride-hailing tax proposal: The wrong taxes at the wrong time Nepal's ride-hailing tax proposal: The wrong taxes at the wrong time The Government of Nepal's proposed Finance Bill 2083/84 seeks to expand the tax base and bring greater formalisation to the digital economy. In principle, these are reasonable objectives. Yet the proposed introduction of a 5 percent VAT on ride-sharing services and a 1 percent withholding tax on driver earnings raises serious concerns about timing, implementation, and fairness. The Government of Nepal's proposed Finance Bill 2083/84 seeks to expand the tax base and bring greater formalisation to the digital economy. In principle, these are reasonable objectives. Yet the proposed introduction of a 5 percent VAT on ride-sharing services and a 1 percent withholding tax on driver earnings raises serious concerns about timing, implementation, and fairness. Business 03 Jun, 2026
Finance stocks jump 6% as NEPSE recovers 22 points Finance stocks jump 6% as NEPSE recovers 22 points The Nepal Stock Exchange (NEPSE) index rose by 22.21 points on Tuesday, or 0.80 percent, to close at 2,777.58 points, recovering from a 26-point decline in the previous trading session. The Nepal Stock Exchange (NEPSE) index rose by 22.21 points on Tuesday, or 0.80 percent, to close at 2,777.58 points, recovering from a 26-point decline in the previous trading session. Business 02 Jun, 2026
Kajaria Ramesh Tiles launches nationwide campaign in Nepal Kajaria Ramesh Tiles launches nationwide campaign in Nepal Kajaria Ramesh Tiles Limited has launched a new nationwide brand campaign titled “Ghar Ma Kajaria, Sabai Le Sodhne Nai Bhayo Ni!” in Nepal. Kajaria Ramesh Tiles Limited has launched a new nationwide brand campaign titled “Ghar Ma Kajaria, Sabai Le Sodhne Nai Bhayo Ni!” in Nepal. Business 02 Jun, 2026
Himalaya Airlines to launch direct Kathmandu-Shenzhen flights from June 4 Himalaya Airlines to launch direct Kathmandu-Shenzhen flights from June 4 Himalaya Airlines has announced the launch of direct scheduled flights between Kathmandu and Shenzhen, China, beginning June 4. Himalaya Airlines has announced the launch of direct scheduled flights between Kathmandu and Shenzhen, China, beginning June 4. Business 02 Jun, 2026
NEPSE drops 26 points, daily turnover recorded just over Rs 5 billion NEPSE drops 26 points, daily turnover recorded just over Rs 5 billion The Nepal Stock Exchange (NEPSE) index declined by 26.72 points, or 0.96 percent, on Monday, closing at 2,755.37 points. The Nepal Stock Exchange (NEPSE) index declined by 26.72 points, or 0.96 percent, on Monday, closing at 2,755.37 points. Business 01 Jun, 2026
EV imports surge via Birgunj, cross Rs 4 billion in 10 months EV imports surge via Birgunj, cross Rs 4 billion in 10 months Electric vehicle imports through Birgunj customs point have crossed Rs 4.02 billion in the first 10 months of the current fiscal year, marking a sharp year-on-year increase. Electric vehicle imports through Birgunj customs point have crossed Rs 4.02 billion in the first 10 months of the current fiscal year, marking a sharp year-on-year increase. Business 01 Jun, 2026
Gold price jumps by Rs 20,500 per tola Gold price jumps by Rs 20,500 per tola Gold price surged sharply in the domestic market on Sunday, rising by Rs 20,500 per tola in a single day. Gold price surged sharply in the domestic market on Sunday, rising by Rs 20,500 per tola in a single day. Business 31 May, 2026
Govt unveils Rs 2.12 trillion budget for FY 2083/84 Govt unveils Rs 2.12 trillion budget for FY 2083/84 The government has announced a total budget of Rs 2.12 trillion (Rs 2,124.34 billion) for the fiscal year 2083/84. The government has announced a total budget of Rs 2.12 trillion (Rs 2,124.34 billion) for the fiscal year 2083/84. Business 29 May, 2026
Govt to reduce stake in Nepal Telecom to 66 percent Govt to reduce stake in Nepal Telecom to 66 percent The government has announced plans to reduce its ownership in Nepal Telecom to 66 percent and increase public participation through the sale of remaining shares. The government has announced plans to reduce its ownership in Nepal Telecom to 66 percent and increase public participation through the sale of remaining shares. Business 29 May, 2026
Capital gains tax on share trading declared final tax Capital gains tax on share trading declared final tax The government has announced that capital gains tax on share transactions will be treated as a final tax from the upcoming fiscal year 2083/84. The government has announced that capital gains tax on share transactions will be treated as a final tax from the upcoming fiscal year 2083/84. Business 29 May, 2026
Govt cuts customs tariff slabs, scraps excise duty on 360 items Govt cuts customs tariff slabs, scraps excise duty on 360 items The government has reduced customs tariff slabs from 11 to seven through the budget for the fiscal year 2083/84. The government has reduced customs tariff slabs from 11 to seven through the budget for the fiscal year 2083/84. Business 29 May, 2026
Govt raises personal income tax exemption threshold Govt raises personal income tax exemption threshold Finance Minister Dr Swarnim Wagle has announced changes to personal income tax while presenting the budget for the upcoming fiscal year. Finance Minister Dr Swarnim Wagle has announced changes to personal income tax while presenting the budget for the upcoming fiscal year. Business 29 May, 2026
Budget presented in Federal Parliament Budget presented in Federal Parliament The annual estimate of revenue and expenditure (budget) for the upcoming fiscal year 2083/084 is being presented in the Federal Parliament. The annual estimate of revenue and expenditure (budget) for the upcoming fiscal year 2083/084 is being presented in the Federal Parliament. Business 29 May, 2026
Cabinet approves budget for FY 2083/84 Cabinet approves budget for FY 2083/84 The Cabinet has approved the annual budget for the fiscal year 2083/84. The Cabinet has approved the annual budget for the fiscal year 2083/84. Business 29 May, 2026
Budget Day: Govt to unveil Rs 2 trillion growth-focused budget today Budget Day: Govt to unveil Rs 2 trillion growth-focused budget today Finance Minister Dr Swarnim Wagle is scheduled to present the budget for the upcoming fiscal year 2083/84 at a joint meeting of the Federal Parliament today. Finance Minister Dr Swarnim Wagle is scheduled to present the budget for the upcoming fiscal year 2083/84 at a joint meeting of the Federal Parliament today. Business 29 May, 2026
Gold, silver prices rise in domestic market Gold, silver prices rise in domestic market Gold and silver prices increased sharply in the domestic market today, with gold rising by Rs 5,600 per tola and silver by Rs 175 per tola. Gold and silver prices increased sharply in the domestic market today, with gold rising by Rs 5,600 per tola and silver by Rs 175 per tola. Business 29 May, 2026
Petroleum imports through Birgunj reach Rs 181.7 billion in 10 months Petroleum imports through Birgunj reach Rs 181.7 billion in 10 months Petroleum imports through the Birgunj border point reached Rs 181.70 billion during the first 10 months of the current fiscal year, marking a significant increase compared to the same period last year. Petroleum imports through the Birgunj border point reached Rs 181.70 billion during the first 10 months of the current fiscal year, marking a significant increase compared to the same period last year. Business 28 May, 2026
Gold price drops Rs 5,500 per tola in domestic market Gold price drops Rs 5,500 per tola in domestic market The price of gold declined sharply by Rs 5,500 per tola in the domestic market on Thursday. The price of gold declined sharply by Rs 5,500 per tola in the domestic market on Thursday. Business 28 May, 2026
Xiaomi launches Redmi Pad 2 9.7 in Nepal Xiaomi launches Redmi Pad 2 9.7 in Nepal Xiaomi Nepal has launched the new Redmi Pad 2 9.7 tablet in the Nepali market with upgraded display, battery and connectivity features. Xiaomi Nepal has launched the new Redmi Pad 2 9.7 tablet in the Nepali market with upgraded display, battery and connectivity features. Business 28 May, 2026
Ncell earns ISO quality, environmental certifications Ncell earns ISO quality, environmental certifications Ncell has received ISO 9001 and ISO 14001 certifications, reinforcing the telecom company’s commitment to quality management and environmental sustainability. Ncell has received ISO 9001 and ISO 14001 certifications, reinforcing the telecom company’s commitment to quality management and environmental sustainability. Business 28 May, 2026
Lifestyle Growing together: How mentorship shapes leaders across Toastmasters worldwide What if the difference between struggling alone and growing with confidence is simply having the right mentor beside you?
Opinion Moral dilemmas: In the age of hope and fear We are today, perhaps, much more than any time before, struggling with moral questions.
World Cup 2026 FIFA World Cup 2026 kicks off today with Mexico–South Africa opener The FIFA World Cup 2026, the largest edition in the tournament's history, gets underway today with hosts Mexico taking on South Africa in the opening match at Mexico City Stadium.
Sports Kathmandu requires permit for public screening of FIFA World Cup matches The District Administration Office (DAO), Kathmandu, has made it mandatory for organisations and companies to obtain prior approval before publicly screening matches of the FIFA World Cup 2026 within the district.
Kathmandu Home Minister Sudan Gurung inspects holding centre for squatters in Balaju Home Minister Sudan Gurung on Thursday inspected a holding centre in Balaju where displaced squatter families are currently residing.
Nepal Govt to ensure adequate fertiliser supply for farmers: Minister Chaudhary Minister for Agriculture, Forest and Environment Gita Chaudhary has said the government is working to ensure adequate chemical fertiliser supply ahead of the paddy planting season.
Business Govt committed to good governance, jobs and growth: Finance Minister Finance Minister Dr. Swarnim Wagle on Thursday defended the government's budget and governance agenda, stating that the administration remains committed to transparency, employment generation and economic reform.
Kathmandu Two Bangladeshis arrested with Rs 3.1 million at TIA Police have arrested two Bangladeshi nationals at Tribhuvan International Airport (TIA) after recovering more than Rs 3.1 million concealed in false compartments of their suitcases.
Business House unanimously endorses consideration of NRB Amendment Bill The House of Representatives on Thursday unanimously approved a proposal to consider the Nepal Rastra Bank (Third Amendment) Bill, 2083.
