New Financial Year Begins with Revised Tax Policies and Monetary Measures

Kathmandu. The new financial year 2083/84 has started from Friday. With the beginning of the new financial year, the budget, policies and programs brought by the government and the monetary policy published by the central bank have come into implementation. The government has removed some old taxes and provided concessions, while also adding some new tax policies. The government states that various tax policies have been changed with the objective of simplifying the tax system, expanding private sector investment, promoting industries and businesses, and making the banking system more effective. Compared to the last financial year 2082/83, significant changes have been made...