Kathmandu, May 29 -- The government has announced special concessions for 12 major products that achieve at least 50 percent value addition within the country.

Presenting the budget for fiscal year 2026-27 in the federal parliament on Friday, Finance Minister Swarnim Wagle also declared that capital gains tax would be treated as a final tax.

Wagle said the government would further ease provisions allowing Nepali citizens to invest abroad.

The budget also announced a 10 percent VAT discount for payments made through digital platforms. The government announced that a high-level committee would be established to examine the feasibility of a multi-rate VAT system.

Giving priority to artificial intelligence and information technology, Wagl...