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    National News

    Government Can Scrap 3% Equity Levy Without Parliament, Economic Act Allows Tax Exemptions
    Featured Jul 21, 2026

    Government Can Scrap 3% Equity Levy Without Parliament, Economic Act Allows Tax Exemptions

    Although the 3% Education and Health Equity Levy has become law, the government can revoke it through a Cabinet decision under provisions of the Economic Act 2083, without requiring a fresh parliamentary amendment.

    Nepal Misses Power Generation Target, Adds Only 561 MW in FY 2025/26

    Nepal Misses Power Generation Target, Adds Only 561 MW in FY 2025/26

    Nepal fell short of its electricity generation target in the last fiscal year, adding only 561 MW against the planned 942 MW due to floods, landslides, and construction delays.

    a month ago
    PM Balen Shah Holds High-Level Talks to Revive Nepal's Garment Industry

    PM Balen Shah Holds High-Level Talks to Revive Nepal's Garment Industry

    Prime Minister Balen Shah is set to meet garment industry leaders to discuss policy reforms, export promotion, and measures to revive one of Nepal's key export-oriented sectors.

    a month ago
    Trump Slaps 50% Tariff on Canada, Escalating North American Trade War

    Trump Slaps 50% Tariff on Canada, Escalating North American Trade War

    The United States has announced a 50% tariff on a wide range of Canadian imports, triggering fresh tensions with Ottawa and raising fears of a deeper trade conflict between the two North American allies.

    a month ago
    Finance Minister Wagle Begins Ministry-Wise Talks to Fast-Track Budget Implementation

    Finance Minister Wagle Begins Ministry-Wise Talks to Fast-Track Budget Implementation

    Finance Minister Dr. Swarnim Wagle has launched a series of ministry-level discussions to ensure the effective and timely implementation of Nepal’s FY 2083/84 budget.

    a month ago
    Floods and Landslides Disrupt Nine Major Highways Across Nepal

    Floods and Landslides Disrupt Nine Major Highways Across Nepal

    Continuous rainfall has triggered floods and landslides, blocking or restricting traffic on nine major highways, with authorities urging travelers to check road conditions before setting out.

    a month ago
    Finance Minister’s Secretariat Urges Investors to Ignore Rumors, Says Stock Market Fundamentals Improving

    Finance Minister’s Secretariat Urges Investors to Ignore Rumors, Says Stock Market Fundamentals Improving

    The Finance Minister’s Secretariat has asked investors not to panic over market fluctuations, warning against rumor-driven manipulation and reaffirming the government's commitment to capital market reforms.

    a month ago
    Oli Questions Official Palace Massacre Narrative, Says Dipendra Was Not Responsible

    Oli Questions Official Palace Massacre Narrative, Says Dipendra Was Not Responsible

    Former Prime Minister KP Sharma Oli has claimed that Crown Prince Dipendra was not responsible for the 2001 Narayanhiti Palace Massacre, calling the widely accepted account a fabricated narrative.

    a month ago
    Government, Loan Shark Victims Set to Sign Landmark Agreement Today

    Government, Loan Shark Victims Set to Sign Landmark Agreement Today

    The government and representatives of loan shark victims are in the final stage of negotiations, with a formal agreement expected to be signed today to address long-standing demands.

    a month ago
    US-Iran Talks Continue Despite Escalating Military Tensions

    US-Iran Talks Continue Despite Escalating Military Tensions

    The White House says diplomatic engagement with Iran remains ongoing, even as the US continues airstrikes targeting Iranian military capabilities.

    a month ago
    US Imposes 25% Tariff on Brazilian Imports Over Alleged Unfair Trade Practices

    US Imposes 25% Tariff on Brazilian Imports Over Alleged Unfair Trade Practices

    The United States will impose a 25 percent tariff on a wide range of Brazilian imports from July 22 after concluding that Brazil engaged in unfair trade practices, although several key products have been exempted.

    a month ago
    After Meeting Industrialists and Energy Leaders, PM Balen Shah Holds Talks with Women Entrepreneurs

    After Meeting Industrialists and Energy Leaders, PM Balen Shah Holds Talks with Women Entrepreneurs

    Prime Minister Balen Shah is meeting office bearers of the Federation of Women Entrepreneurs today to discuss women's entrepreneurship, policy reforms, and measures to strengthen women's participation in Nepal's industrial and business sectors.

    a month ago
    Nepal, India Chart Roadmap for 10,000 MW Power Exports by 2034/35

    Nepal, India Chart Roadmap for 10,000 MW Power Exports by 2034/35

    Nepal and India have reached key agreements to expand cross-border electricity trade and transmission infrastructure, paving the way for Nepal's long-term goal of exporting 10,000 MW of electricity to India by 2034/35.

    a month ago
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