header banner
ECONOMY

Govt planning to increase import tax in bananas

KATHMANDU, Nov 19: Minister for Agriculture and Livestock Development Chakra Pani Khanal has shared that the government was working to increase import taxes in bananas aimed at lessening its import from India.
By Republica

KATHMANDU, Nov 19: Minister for Agriculture and Livestock Development Chakra Pani Khanal has shared that the government was working to increase import taxes in bananas aimed at lessening its import from India. 


He also added that the rate and ratio of increasing the tax was under discussions with the Minister for Finance. 


Related story

Demand for banning import of Indian bananas


Minister Khanal further said that they were planning to impose import tax in bananas like ghee products. 


The government is collecting five per cent tax in importing bananas but the banana farmers were demanding up to 30 per cent. 


The farmers and entrepreneurs have claimed that they will fail to continue the banana farming if the import tax was not increased. 

Related Stories
SOCIETY

Precautions taken at border points to prevent spre...

ECONOMY

Tax reform committee proposes increasing Social Se...

ECONOMY

India’s tax policy on onion exports makes Nepali k...

ECONOMY

Bananas worth 50 million imported for Chhath festi...

ECONOMY

Banana worth Rs 40 million imported for Chhath in...