Nepal Collects NPR 664 Billion in Revenue by Mid-January; VAT and Excise Show Growth
Summary
Nepal collected NPR 664.0251 billion in revenue by mid-January 2026, showing a 3.45% increase from last year with growth in VAT and excise duty collections, though targets remain unmet.
Key Points
- Nepal collected NPR 664.0251 billion in revenue by the end of Magh 2082/83 fiscal year, 3.45% higher than last year.
- Customs duty collection grew by 7.53%, VAT by 7.63%, and excise duty by 10.88% compared to the previous year.
- Income tax and non-tax revenue collections declined by 0.81% and 15.81%, respectively.
- Customs Department and Inland Revenue Department achieved 83.84% and 81.36% of their revenue targets, respectively.
