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Friday, 29 May 2020

Budget of Nepal for fiscal year 2077/2078

Budget size                14 kharb 74 arab 64 crore 
Capital expenditure     3 kharb 52 arba 91 crore     64.4%
Current expenditure    9 kharb 40 arba 94 crore     23.9%
Financial expenditure  1 kharb 72 arba 79 crore     11.7%

Sources:
TAX 8 kharb 89 arba 
Foreign AID 60 arba
Foreign loan 2 kharb 99 arba
Internal loan 2 kharb 25 arba 

Target Growth rate  7%
Target Inflation rate 6%

For SME and micro SMES, Government has given 75%,50%, 25% tax benefit depending on the transaction done i.e. 20 lakhs , 20 lakhs to 50 lakhs , 50 lakhs to 1 crore respectively.

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