ECONOMY
Reservoir hydropower gets boost as government allows IPO in first year
Reservoir hydropower gets boost as government allows IPO in...
The government has unveiled a set of incentives aimed at accelerating investment in reservoir-based hydropower, offering developers an unusual early advantage: permission to float up to 40 percent of shares through an initial public offering (IPO) in the very first year of operation.
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 ur...
The government also announced the launch of a smart urban mobility system in the Kathmandu Valley, including the introduction of electric public buses to modernize city transportation.
May 29, 2026
ECONOMY
Govt opens electricity trading to private sector in major energy reform
Govt opens electricity trading to private sector in major en...
Finance Minister Dr Swarnim Wagle made the announcement while presenting the national budget for FY 2026/27, stating that private participation will now be enabled in cross-border power trade.
May 29, 2026
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