Bagmati Province Collects 36.29% of Annual Revenue Target in First Eight Months of FY 2082/83

Summary

Bagmati Province has collected NPR 24.49 billion in the first eight months of fiscal year 2082/83, achieving 36.29% of its annual revenue target, with key contributions from land registration and vehicle taxes.

Key Points
  • Bagmati Province government collected NPR 24.49 billion in the first eight months of FY 2082/83, meeting 36.29% of its annual revenue target.
  • Land registration and vehicle tax are the main revenue sources, with NPR 2.56 billion and NPR 4.44 billion collected respectively.
  • Value Added Tax collection reached NPR 5.04 billion and excise duty NPR 1.75 billion during the period.
  • Revenue collection was impacted by reduced land and vehicle transactions and damage from protests in Bhadra 23 and 24.
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