KATHMANDU, March 3: The government has invited public feedback on tax rates and revenue policies as it prepares to draft the budget for the upcoming Fiscal Year (FY 2026–27).
The Revenue Consultation Committee, established in line with the Council of Ministers’ decision dated February 11, has been tasked with collecting substantive recommendations on a broad range of fiscal issues. Led by the Revenue Secretary, the committee is seeking stakeholder suggestions on revenue policies, tax structures, customs rates, revenue administration, and broader economic reforms.
Stakeholders have until April 13 to submit their proposals. Submissions can be made through the Ministry of Finance, the Ministry of Industry, Commerce and Supplies, as well as various departments under the Ministry of Finance, including the Inland Revenue Department, the Department of Customs, the Department of Revenue Investigation, and the Department of Money Laundering Investigation.
Revised interest rate corridor system introduced
The committee is also calling for input on policy and legal reforms related to industrial promotion and protection, import-export regulation, trade in services, investment promotion, supply management, and tax and non-tax incentives.
Furthermore, the committee will gather suggestions to address challenges in the banking and financial sectors, insurance, remittances, the capital market, cooperatives, and the real estate sector, as well as issues related to revenue mobilisation. It will analyse and compare international, regional, and national economic trends before making its final recommendations.
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