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ECONOMY

Customs on electric vehicles to be based on value

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Presenting the national budget for the upcoming fiscal year in the federal parliament, Finance Minister Dr Swarnim Wagle said the new system will replace the existing practice of imposing customs duties based on battery capacity.
2 hours ago
ECONOMY

Goods, services worth Rs 88.22 billion exported in 10 months

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Public Information Officer at Birgunj Customs Office, Udaya Singh Bista, told RSS that goods and services worth Rs 83.25 billion were exported during the corresponding period in the last fiscal year. 
3 hours ago
ECONOMY

Nepal to sell additional Nepal Telecom shares, retain 66 per...

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Presenting the budget for the fiscal year 2026/27 on Friday, Finance Minister Dr Swarnim Wagle said the remaining shares of Nepal Telecom would be sold to the public by mid-January.
3 hours ago
ECONOMY

Average daily spending of tourists down by 19 percent

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The report shows that tourists who spent an average of USD 40.84 per day in the previous fiscal year reduced their expenditure to USD 33.08 this year. Despite the decline in spending, tourist arrivals rose by 1.3 percent to 1,162,365.
4 hours ago
ECONOMY

Nepal plans sovereign wealth fund using forex reserves

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Presenting the budget for the fiscal year 2026/27 in the joint meeting of the federal parliament on Friday, Finance Minister Dr. Swarnim Wagle said the government would prioritize artificial intelligence (AI), clean energy, digital infrastructure and financial sector reforms.
4 hours ago
ECONOMY

Govt announces budget of Rs 2.124 trillion for FY 2026/27

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The government has announced a total budget of Rs 2.124 trillion for the Fiscal Year (FY) 2026/27. 
4 hours ago
ECONOMY

Govt allocates Rs 218.30 bn for education sector

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The education budget is lower than the allocation made for physical infrastructure and urban development. The government has allocated Rs 286 billion for physical and urban infrastructure-related programs under the respective ministry.
5 hours ago
ECONOMY

Govt allocates over Rs 17.64 bn for Fast Track project

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Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget in Parliament on Friday, stating that construction work under the fast track project will be accelerated.
5 hours ago
ECONOMY

Major Highlights of the Budget for FY 2026/27

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Finance Minister Dr Swarnim Wagle has unveiled a broad set of policy and infrastructure measures in the federal budget for Fiscal Year (FY) 2026/27, spanning aviation reform, agriculture, energy expansion, social protection, and large-scale infrastructure development. 
5 hours ago
SPORTS, ECONOMY

Govt allocates Rs 4.03 bn for sports sector

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Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget on Friday, stating that the allocation is aimed at strengthening sports infrastructure and supporting athletic development across the country.
5 hours ago