Nepal News Evening Economic Brief – December 04, 2025
Summary
Nepal's economic brief highlights key issues such as Election Commission's debate over party registrations, tax audit clarifications, widening tax refund gaps, India lifting currency note restrictions, and developments in hydropower and border trade.
Key Points
- Election Commission is considering registration of six political parties despite unpaid fines for fiscal year 2023/24 income report delays.
- Inland Revenue Department confirms continuation of full tax audits for large taxpayers such as banks and multinational companies.
- India has lifted the ban on high-denomination Indian currency notes in Nepal, easing cross-border transactions and trade.
- Government plans to approve Power Purchase Agreements for hydropower projects up to 10 MW to boost energy exports.
- Tea exports via the Kakarvitta border dropped 37% due to labor issues and import policy changes; traders warn of unofficial blockade from China border delays.
