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Nepal Finance Ministry grants Rs 53 billion in customs waivers

himalaya Diary News Service by himalaya Diary News Service
February 17, 2026
in Business, Feature
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Nepal Finance Ministry releases Rs 19.21 billion for election expenses
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In the first half of the current fiscal year, the Ministry of Finance provided customs and tax exemptions totaling Rs 53 billion on imports worth Rs 408 billion. Of the total relief, Rs 14.97 billion supported development projects to facilitate the import of machinery and essential materials. While such incentives are designed to encourage investment and infrastructure growth, the scale of tax expenditures continues to spark debate over revenue implications.

 

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