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New taxes: Government desperate to generate revenues - Peoples' Review
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New taxes: Government desperate to generate revenues - Peoples' Review
By Our Reporter The new fiscal year has begun with an unpleasant surprise for Nepali households. Instead of relief from rising living costs, the government has expanded the tax net to cover seven additional areas, from private schools and hospitals to electricity, ride sharing services, gold, luxury hotels, casinos and imported liquor. Each tax may appear modest in isolation. Together, they mark one of the broadest expansions of indirect taxatio…
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