Finance Minister Swarnim Wagle Claims Electric Vehicle Prices Have Decreased

Kathmandu. Finance Minister Swarnim Wagle had stated that the prices of electric vehicles (EVs) priced below 5 million rupees have decreased, in his public response regarding the tax rates mentioned in the budget statement.He made this claim on Monday at a post-budget event organized by the Nepal Economic Journalists Association (NAFEJ). Various criticisms are also being made regarding this. Some are even claiming that the prices of such vehicles will increase, not decrease.This time, the government has reviewed the tax system for passenger-type EVs and has made arrangements to base it on price instead of motor capacity. Accordingly, it has...