ECONOMY

Asset management company to be established by mid-January to handle bad loans

Asset management company to be established by mid-January to handle bad loans

Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget for FY 2026/27, stating tha...

Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget for FY 2026/27, stating tha...

May 29, 2026

ECONOMY

Govt rolls back “take and pay” model in power sector, restores “take or pay” system

Govt rolls back “take and pay” model in power sector, restores “take or pay” system

Under the revised system, the Nepal Electricity Authority will be obligated to purchase the generated electricity, regar...

Under the revised system, the Nepal Electricity Authority will be obligated to purchase the generated electricity, regar...

May 29, 2026

ECONOMY

Reservoir hydropower gets boost as government allows IPO in first year

Reservoir hydropower gets boost as government allows IPO in first year

The government has unveiled a set of incentives aimed at accelerating investment in reservoir-based hydropower, offering...

The government has unveiled a set of incentives aimed at accelerating investment in reservoir-based hydropower, offering...

May 29, 2026

ECONOMY

Govt to implement “Vision Kathmandu–2040” under long-term urban development plan

Govt to implement “Vision Kathmandu–2040” under long-term urban development plan

The government also announced the launch of a smart urban mobility system in the Kathmandu Valley, including the introdu...

The government also announced the launch of a smart urban mobility system in the Kathmandu Valley, including the introdu...

May 29, 2026

ECONOMY

Govt opens electricity trading to private sector in major energy reform

Govt opens electricity trading to private sector in major energy reform

Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget for FY 2026/27, stating tha...

Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget for FY 2026/27, stating tha...

May 29, 2026

POLITICS

Govt introduces “mission mode” infrastructure push, announces sunset law

Govt introduces “mission mode” infrastructure push, announces sunset law

Finance Minister Dr Swarnim Wagle said the new model aims to speed up large-scale infrastructure projects that have face...

Finance Minister Dr Swarnim Wagle said the new model aims to speed up large-scale infrastructure projects that have face...

May 29, 2026

ECONOMY

Major Highlights of the Budget for FY 2026/27

Major Highlights of the Budget for FY 2026/27

Dozens of government offices and services will be integrated into the Nagarik App. An AI processing centre will be estab...

Dozens of government offices and services will be integrated into the Nagarik App. An AI processing centre will be estab...

May 29, 2026

ECONOMY

Govt to reopen 7 closed industries under public–private partnership model

Govt to reopen 7 closed industries under public–private partnership model

Finance Minister Dr Swarnim Wagle, while presenting the national budget for FY 2026/27 said the government aims to bring...

Finance Minister Dr Swarnim Wagle, while presenting the national budget for FY 2026/27 said the government aims to bring...

May 29, 2026

ECONOMY

Tax overhaul tops budget agenda

Tax overhaul tops budget agenda

Unveiling what he described as a major overhaul of the country’s taxation system, Finance Minister Dr Swarnim Wagl...

Unveiling what he described as a major overhaul of the country’s taxation system, Finance Minister Dr Swarnim Wagl...

May 29, 2026

ECONOMY

Govt raises income tax threshold to Rs 1 million

Govt raises income tax threshold to Rs 1 million

Finance Minister Dr Swarnim Wagle announced that the minimum taxable income has been increased from Rs 500,000 to Rs 1 m...

Finance Minister Dr Swarnim Wagle announced that the minimum taxable income has been increased from Rs 500,000 to Rs 1 m...

May 29, 2026