Government promises education, health tax refunds within 50 days
Summary
The government has officially scrapped the 3% tax on education and health services introduced in the fiscal budget, promising refunds within 50 days after widespread public criticism.
Key Points
- The government has scrapped the three percent equity tax on education and health services effective July 17.
- Cabinet decided to refund all duties collected over the past week directly into citizens' bank accounts within 50 days.
- The Ministry of Finance will be responsible for executing the refund process following the Cabinet's approval.
- Prime Minister Balendra Shah emphasized the tax was intended to improve services in disadvantaged areas but public concerns led to its rollback.
