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India Cuts Fuel Export Duty Ahead of June

HighlightsIndia has reduced export duties on petrol, diesel and aviation turbine fuel (ATF).The revised rates take effect from June 1.Petrol export duty falls to ₹1.5 per litre.Diesel export duty drops to ₹13.5 per litre.ATF export duty has been reduced to ₹9.5 per litre.Domestic excise duty...

Nepal Tightens Ride Sharing Rules With Black Number Plates For Bikes

HighlightsNepal government now requires ride-sharing two-wheelers to carry black number platesRed plate motorcycles and scooters can no longer legally operate ride-sharing servicesAnnual income tax fixed at NPR 3,000 for registered ride-sharing two-wheelers5 percent tax introduced on every ride-sharing transactionRule comes through the government's new economic...

Nepal’s new budget changes EV taxes from kW-based, to price-based duties.

HighlightsNepal will now calculate EV taxes based on vehicle value instead of motor powerThe policy was announced in the Fiscal Year 2026/27 national budgetFinance Minister Dr. Swarnim Wagle says the old system distorted the marketA new Green Tax replaces multiple existing customs-related chargesThe government also...

Nepal Raises Road Construction Tax on EVs

HighlightsNepal has increased road construction and maintenance taxation linked to EV ownershipEntry-level EV buyers are expected to feel the biggest impactCustoms duty on smaller EVs already sits at 15%EV financing rules were tightened earlier through lower LTV limitsIndustry groups fear policy instability could slow market...

Pathao Nepal Adds Helicopter Booking Service With Simrik Air

HighlightsPathao Nepal launches helicopter booking service called Pathao HeliService developed in collaboration with Simrik AirlinesBookings available through the Pathao app and PathaoHeli.comFlights target tourism and pilgrimage destinations across NepalMuktinath, Gosainkunda, Everest Base Camp and Annapurna Base Camp includedEach helicopter accommodates 4 to 5 passengersPathao says...

Simpler EV Tax Structure Considered Ahead Of New Budget

HighlightsNepal is considering a simplified EV tax structure ahead of the 2026/27 budgetProposal could merge the current 51 kW to 200 kW categories into one tax slabCurrent system charges different customs and excise duties across motor power bracketsFinance Minister is expected to unveil the budget...