Bagmati Province Collects 36.29% of Revenue Target in First Eight Months of FY 2082/83
Summary
Bagmati Province Government has collected NPR 24.49 billion in the first eight months of fiscal year 2082/83, achieving 36.29% of the annual revenue target amid economic and political challenges.
Key Points
- Bagmati Province collected NPR 24.49 billion, achieving 36.29% of its annual revenue target for FY 2082/83.
- 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 share collection reached NPR 5.04 billion, while excise duty tax collection was NPR 1.75 billion.
- Revenue collection was impacted by economic liquidity issues and damage to government revenue bodies during recent political agitation.
