Nepal budget 2022/23: These 8 goods will turn costlier after mid-July

Kathmandu, May 30

The government in its new budget plan for the fiscal year 2022/23 has announced major changes in tax rates imposed on various goods.

Thanks to such changes, some goods will come cheaper in the market whereas some others will turn costlier.

Here are some major goods that are bound to be more expensive once the new budget plan will be implemented from mid-July 2022.

1. Electric vehicles above 200 kilowatts and 300 kilowatts capacity
2. Motorbikes above 200 cc capacity
3. Alcohol
4. Cigarettes and cigars
5. Premium-range mobile phones
6. Cosmetics
7. Chocolates
8. Spices, dry fruits, junk food, imported energy drinks and fruits