Nepal’s economy, already struggling with the impacts of the pandemic and global geopolitical tensions, is facing a bleak and uncertain future. This is exacerbated by frequent government changes, widespread corruption, and the departure of young people who feel there is no future for them in the country. The budget presents either a new opportunity or a potential crisis. Today is Budget Day in Nepal, as mandated by the constitution.
As we aim to ensure that every citizen understands how their money and taxes are being utilized, and to enhance accountability and transparency, here is the live coverage of Budget Day.
Intensive supervision will be conducted on high-risk real estate, the stock market, and cooperatives.
The government has announced that the assets of cooperative operators will be sold to return the funds to the depositors.
The government has introduced a budget with a deficit of nearly 5.5 arab rupees for the upcoming fiscal year.
Excise taxes on alcohol, beer, and tobacco products will be increased. #onlinekhabar #budget2081
Starting from the upcoming fiscal year, the government will regulate advertisements made through social media and various other digital platforms.
