Budget offers tax relief, digital payment incentives and push for AI education
Summary
The government announced tax reliefs including capital gains tax as final tax, incentives for digital payments, and a focus on AI education in the fiscal year 2026-27 budget.
Key Points
- The government announced special concessions for 12 major products with at least 50% value addition within Nepal.
- Capital gains tax will be treated as a final tax, easing tax compliance.
- A 10% VAT discount is offered for payments through digital platforms to encourage cashless transactions.
- The government plans to enhance AI education by prioritizing mathematics education linked to AI applications.
