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KATHMANDU, Aug 21: In addition to the 40 percent export tax, customs offices in Nepal levy 1.5 percent Agricultural Infrastructure Tax (AIT) and 9 percent Agricultural Reform Tax and Value Added Tax (VAT) of 13 percent. These additional taxes contribute to a total increase of around Rs 24 per kilogram for onions.

news Ordinary people are hit hard as food prices see a massive surge My Republica KATHMANDU, Jan. 26 -- NRB reports price inflation of a meager 2.93 percent, but in reality the prices of major food items increased by 13 percent in a year Nepal Rastra Bank (NRB) in its Current Macroeconomic report of the first five months of the current fiscal year has stated that the consumer price inflation remained 2.93 percent during the period. But the rosy picture of the country's economic health portrayed by the central bank appears misleading as the prices of major foods have shot up si...

news Millions worth of expired goods that were still being sold in market destroyed Kathmandu Post Kathmandu, Jan. 10 -- The Department of Commerce, Supplies and Consumer Protection have destroyed expired consumable and non-consumable goods worth Rs30.66 million by inspecting 1,787 firms in nearly six months (mid-July to January 7) of the current fiscal year. According to the department, customers were being sold expired Nepali beer (particularly ones in cans) from brands like Tuborg, Arna, Nepal Ice, Gorkha in the market. Similarly, Asian, Berger and Pashupati Paints were als...

Nepal: Ministry sets maximum residue limits for ten fruits and vegetables On Wednesday, the Nepalese cabinet cleared the Ministry of Agriculture and Livestock Development to set maximum residue limits for ten fruits and vegetables. The maximum tolerated levels will be fixed as per international standards, and will apply to both locally grown and imported products. It will also allow the government to set the limits for mycotoxins in foodstuffs. Mycotoxins can cause a variety of adverse health effects and pose a serious health threat to both humans and livestock. The adverse health effects of ...