Nepal Withdraws 3% Equity Tax on Private Education, Health After Backlash

Nepal withdraws 3% equity tax on private education, health after backlash

Nepal has put its new 3 per cent equity tax on private education and health on hold. The rollback followed sharp public criticism and signalled the government's responsiveness to citizens.

Nepal scraps 3% equity tax on private education, health sectors - OrissaPOST

Kathmandu: Nepal government Wednesday formally approved the withdrawal of the 3 per cent equity tax imposed on private education and health sectors following widespread public criticism. The Council of Ministers approved the proposal submitted by Finance Minister Swarnim Wagle to waive the 3 per cent Education and Health Equity Fee under Section 18(1) of the Finance Act, 2083, cabinet sources said. The Cabinet formally endorsed the complete waiv…

Government withdraws tax on education, health - Peoples' Review

Kathmandu, July 21: Following widespread criticism, the government has withdrawn its decision to impose a 3 percent “Equality Tax” on private education and healthcare services. Prime Minister Balendra Shah (Balen) announced on Tuesday afternoon through his social media accounts that the 3 percent Equality Tax will not be implemented for the time being. The government made the decision 53 days after the national budget was unveiled, amid strong p…

Equity tax on education and health removed

Prime Minister Balendra Shah announced through social media today that implementing this provision seemed to cause extra expenses and frustration for ordinary people, so the equity tax has been removed for now.