POLITICS
Govt introduces “mission mode” infrastructure push, announces sunset law
Govt introduces “mission mode” infrastructure push, announce...
Finance Minister Dr Swarnim Wagle said the new model aims to speed up large-scale infrastructure projects that have faced delays, aligning them with previously announced policy commitments.
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 established in Syuchatar, Kathmandu. The government has announced plans to promote digital exports and provide fellowships to 15 AI professionals.
May 29, 2026
ECONOMY
Govt to reopen 7 closed industries under public–private partnership model
Govt to reopen 7 closed industries under public–private part...
Finance Minister Dr Swarnim Wagle, while presenting the national budget for FY 2026/27 said the government aims to bring the shutdown industries back into operation within the next fiscal year.
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 Wagle on Friday announced a series of reforms aimed at easing the burden on taxpayers, encouraging investment and tightening government spending.
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 million per year. Individuals earning up to Rs 1 million annually will now pay only 1 percent income tax under the revised system.
May 29, 2026
ECONOMY
Govt cuts customs slabs to 7 levels, abolishes excise duty on 360 items
Govt cuts customs slabs to 7 levels, abolishes excise duty o...
Finance Minister Dr Swarnim Wagle announced the reform while presenting the budget in Parliament on Friday.
May 29, 2026
POLITICS
PM Balen Shah attends budget session in Federal Parliament
PM Balen Shah attends budget session in Federal Parliament
His previous absence from parliamentary sessions had drawn criticism from opposition parties, which had at times disrupted proceedings over the issue.
May 29, 2026
ECONOMY
FinMin breaks ‘briefcase tradition’, presents budget in Nepali handmade paper wrap
FinMin breaks ‘briefcase tradition’, presents budget in Nepa...
Instead of the customary briefcase used by successive finance ministers, Dr. Wagle presented the budget draft wrapped in traditional Nepali handmade paper during a Cabinet meeting held at the Prime Minister’s Office in Singha Durbar on Friday.
May 29, 2026
POLITICS
Republic gave Nepal political rights and shared identity: Prez Paudel
Republic gave Nepal political rights and shared identity: Pr...
Addressing a special function organized at Tundikhel today, the President stated that the republican system has connected the people to each other and has also inspired us to build a shared nation. "This has offered ownership to one's ethnicity, language, religion, community, civilization and land....
May 29, 2026
ECONOMY
Cabinet approves budget for FY 2026/27
Cabinet approves budget for FY 2026/27
A Cabinet meeting chaired by Prime Minister Balen Shah held at the Prime Minister’s Office in Singha Durbar on Friday endorsed the budget draft presented by Finance Minister Dr Swarnim Wagle.
May 29, 2026