National Assembly approves proposal to consider Appropriation Bill
Summary
The National Assembly has approved the proposal to consider the Appropriation Bill 2026, with Finance Minister Swarnim Wagle defending new taxes on education, health, and electricity as measures for public interest and wealth redistribution.
Key Points
- The National Assembly majority-approved the proposal to consider the Appropriation Bill, 2026.
- Finance Minister Swarnim Wagle introduced minor taxes on education, health, and electricity to benefit the wider public.
- New tax on private schools was defended as a progressive step for wealth redistribution.
- The income tax threshold was raised to provide relief to the middle class.
