Parliament Approves New Tax and Revenue Bill 2083

Summary

Nepal's House of Representatives approved the Finance Bill 2083 determining taxes, custom duties, and revenue collections for the fiscal year, followed by discussions on a public borrowing law.

Key Points
  • Nepal's House of Representatives approved the Finance Bill 2083 for the upcoming fiscal year.
  • Finance Minister Dr. Swarnim Wagle presented the final Finance Bill proposal.
  • Several proposed amendments by lawmakers were either dropped or rejected.
  • Parliament moved to discuss a law on government borrowing to fund the national budget.
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