Gold Traders Urge PM Oli to Reconsider Luxury Tax and VAT on Jewelry

• Gold and jewelry traders met with Prime Minister KP Sharma Oli.
• They discussed new taxes: 2 percent luxury tax on gold and 13 percent VAT on diamonds.
• The delegation was led by Kisan Sunar, president of the Nepal Gold, Silver, Gem and Jewellery Federation.
• They requested business-friendly policies and guidelines.
• The prime minister promised to study the issues through relevant ministries.
• Delegation members included Sureshman Shrestha, Jyotsna Shrestha, Nir Bahadur Bishwakarma, Prasun Jalan, Ram Maharjan, and Bipin Ramudamu.

Source: english.khabarhub.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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