Tag: petroleum products
Unleashing the Market: How Deregulation in the Petroleum Industry Benefits Consumers
The petroleum sector in Nepal has long operated under the government’s monopoly. Nepal Oil Corporation exercises absolute control over the import and distribution of...
Electricity Use Drives Down Nepal’s Petroleum Import
Nepal's import of petroleum products declined by over 4 billion rupees in the month of Shrawan. According to the Department of Customs, there has...
Import of Petroleum products increased
Birgunj, Feb. 14: The import of petroleum products via the Birgunj transit, the country’s major transit point, has significantly increased this year compared to...
Govt raises infrastructure tax on petrol, diesel by Rs 5 per...
February 28, 2020
The government has decided to raise infrastructure development tax being levied on petroleum products by Rs 5 per liter.
Speaking at a press...
Rs 37 billion collected so far to build Budhi Gandaki Hydroelectric...
November 5, 2019
The government has mobilized Rs 37.17 billion in infrastructure development tax from import of petroleum products till the end of October.
As per...
