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Lower taxes for low- and middle-income earners

Published On: May 30, 2018 10:18 AM NPT By: Sagar Ghimire

People with annual earnings of up to Rs 450,000 will have to pay only 1% social security tax for Rs 350,000 and 10% of the remaining Rs 100,000. Under this taxation, the total income tax on annual income of Rs 450,000 will be Rs 13,500.

Experts take on budget fy2018/19

Published On: May 30, 2018 10:06 AM NPT By: Republica

budget fy2018/19

Budget aspires to double agri production in five years

Published On: May 30, 2018 09:54 AM NPT By: Republica

The government has also allocated budget to bring agro programs that could attract youth to agriculture. At the same time, continuity has been given to the program of providing subsidy to farmers based on production.

Ambitious budget, focus on jobs and federal structure

Published On: May 30, 2018 09:20 AM NPT By: Rudra Pangeni

KATHMANDU, May 30: Finance Minister Yuba Raj Khatiwada tabled a budget of Rs 1.31 trillion in parliament Tuesday. This first full-fledged federal budget has emphasized job creation, allotted a third of the total budget for the provinces and local units.

Govt allocates Rs 134 billion for education

Published On: May 30, 2018 08:50 AM NPT By: Republica

KATHMANDU, May 30: The government has allocated Rs 134 billion for the education sector, including science and technology.

CMs unhappy with budget

Published On: May 30, 2018 08:12 AM NPT By: Republica

Out of the seven chief ministers that Republica approcached for feedback, only four responded.

'Ineffective' diplomatic missions to be shut down

Published On: May 30, 2018 06:00 AM NPT By: Republica

KATHMANDU, May 30: Government has announced to pursue a policy to shut down Nepal's diplomatic missions abroad that have remained ineffective in their performance.

Government slashes environment budgets by Rs 5.56 billion

Published On: May 30, 2018 05:30 AM NPT By: Republica

KATHMANDU, May 30: Forest and environment sector has received budget allocation of Rs 16.58 billion for the upcoming fiscal year 2018/19. Compared to the current fiscal year, the budget for the sector has been reduced by Rs 5.56 billion.

“Budget did not come as per the spirit of federalism" - Trilochan Bhatta, Chief Minister, Province 7

Published On: May 30, 2018 05:00 AM NPT By: Republica

The budget is not in line with the spirit of federalism. It is not up to my expectation as the first budget of the federal government; it's rather similar to previous budgets.

Nepse slips into red again

Published On: May 30, 2018 04:30 AM NPT By: Republica

KATHMANDU, May 30: After coming under pressure early on Tuesday's trading session, the stock market fluctuated throughout the day. Eventually, the Nepal Stock Exchange (Nepse) index closed 9.18 points lower at 1,327.21 points.

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