- VAT and Customs contribute over 52% of Nepal’s tax revenue.
- Total tax collections fell by 10.5% year-on-year.
- Non-tax revenue collapsed by 78%.
- Economists warn of vulnerability due to reliance on VAT and Customs.
- Fiscal stability may be at risk without diversifying revenue sources.
Source: nepsetrading.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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