Finance Minister Claims Price Reduction on Cars Up to 50 Lakhs

Kathmandu. Finance Minister Swarnim Wagle has claimed that the price of cars up to 50 lakhs will decrease. He stated at the post-budget interaction program of the Nepal Economic Journalists Association that tax has only increased on luxury vehicles.

He said that although significant discounts were given to increase the penetration of electric vehicles a few years ago, taxes are now being levied as per the need.