29/05/2026
Nepal Budget 2083/84 — Quick Read
Rs. 2,124 bn budget by FM Dr. Swarnim Wagle. Growth target 7%, inflation cap 6%.
Tax wins
PIT exemption doubled to Rs. 10 lakh; top rate cut 10 pp
Customs slabs 11 → 7; duty cut on 273 raw materials
Excise scrapped on 360 items → unified "Green Tax"
IT exports: 50% tax rebate; agri-processing: 10-yr holiday
10% VAT discount on digital payments
Tax Amnesty
Pending tax disputes can be closed by paying assessed tax + just 1% — all penalties, fines, interest waived.
Big Reforms
NEA split into 3 cos • 22 → 18 ministries • Sovereign Wealth Fund • AI Compute Centre • Diaspora & Green Bonds • NEPSE overhaul • FDI repatriation eased • LDC graduation deferred 2 years.
A reform-heavy budget. The litigation-withdrawal amnesty alone deserves a close look.
m.shakya Prakrit Shrestha Bishal Panthi Bipin Giri Dechen Gurung Tanija Singh .shrestha.477736