Kathmandu, May 30 -- The government, through the budget for the upcoming fiscal year 2026-27, has introduced a provision to impose customs duty on electric vehicles (EVs) based on their value instead of the existing system tied to motor power.

Presenting the budget for the upcoming fiscal year 2026-27 to the joint session of Parliament on Friday, Finance Minister Swarnim Wagle announced a Clean Infrastructure Investment charge at the import point aimed at supporting domestic production of such vehicles, construction of charging stations, and management of batteries.

The government, through the budget, also plans to promote the export of Nepali-brand alcoholic beverages by encouraging quality spirit production and maturation activities....