Kathmandu, May 29 -- Finance Minister Swarnim Wagle on Friday unveiled a reform-heavy budget for the fiscal year 2026-27 during a joint session of Parliament, headlined by the introduction of a new hedge fund starting next fiscal year.

To stimulate foreign capital inflows, the government announced crucial legal amendments to investment approvals, profit repatriation, and capital gains tax, effectively paving the way for Non-Resident Nepalis (NRNs) to enter the secondary securities market.

In a major bid to clear judicial backlogs and improve the business climate, the budget introduced a tax dispute settlement scheme that allows pending court cases to be withdrawn if the disputed tax amount is paid within a set timeframe, along with a 1 ...