Nepal's Revenue Collection Reaches NPR 747.28 Billion by Mid-February, Showing 3.75% Growth Year-on-Year
Summary
Nepal's government collected NPR 747.28 billion in revenue by mid-February 2082/83, reflecting a 3.75% year-on-year growth but achieving only 82.1% of the eight-month target.
Key Points
- Nepal's government collected NPR 747.28 billion by mid-February of fiscal year 2082/83, a 3.75% increase from last year.
- Customs duty collection grew by 8.12% but achieved only 73.76% of its target.
- VAT collection increased by 7.35%, reaching NPR 225.53 billion against a NPR 246.43 billion target.
- Income tax and non-tax revenue declined by 1.42% and 13.31% respectively, while education service fee revenue increased by 66.62%.
