Govt imposes green tax on petroleum products

#Budget2024/25

Govt imposes green tax on petroleum products

Published On: May 28, 2024 05:37 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, May 28: The government has introduced a green tax on petroleum products and coal.

Finance Minister Barsha Man Pun made this announcement while presenting the budget for the next fiscal year 2024/25 in the joint session of the Federal Parliament on Tuesday.

"In line with the international commitment to reduce carbon emissions, a green tax on the import of petroleum products and coal has been imposed," said Finance Minister Pun.

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