KATHMANDU, Sept 11: The government has introduced a substitution budget for the ongoing fiscal year 2021/22. Finance Minister Janardhan Sharma unveiled the new budget of Rs 1.63 trillion in parliament amid protests of the lawmakers belonging to the main opposition party, CPN-UML, on Friday.

The substitution budget has prepared plans to provide relief funds for the sick, families of deceased in political struggles, families affected by the COVID-19 outbreak etc. The budget also claims to bring the Melamchi Drinking Water project into operation as soon as possible and many more.

In addition, the budget includes a provision for a tax exemption of upto 100 percent on the production of vaccines, medical oxygen and sanitary pads for three years from the beginning of the production. These sectors will get a tax exemption of upto 50 percent for the next two years. 

 
• Tax_exemption
 
• Medical_Oxygen
 
• Sanitary_Pads
 
• Substitution_Budget