Updates 24/7

Nepalese exports increased by a factor of two.

The export of to and other through the country’s main gateway, Birgunj Customs, has increased significantly in recent years. Comparing the same period of the current fiscal year to the same period of the previous fiscal year, exports of Nepali goods through the checkpoint have more than in the first four of the current fiscal year. It was estimated that various goods Rs. 12.44 were exported during the four months from Shrawan to Kartik of Fiscal Year 2077/78.

According to Sumit Gupta, an information at the , the export of Nepali goods to and other countries has increased as the effects of the coronavirus have diminished around the . He stated that refined soybean oil, refined palm oil, fruit juice, refined sunflower oil, soybean drink, and herbs account for the majority of the country’s exports. Along with the increase in Nepali exports, there has been an increase in collection as a result of the increase in exports. In comparison to the first four months of the previous fiscal year, the has managed to collect more than Rs. 26 in the corresponding period of the current fiscal year, an increase of more than 50%.

The revenue collected by the in the first four months of the previous fiscal year amounted to Rs. 43.67 billion. This fiscal year, the has managed to collect Rs. 70.12 in tax revenue.

Leave A Reply

Your email address will not be published.

Comment moderation is enabled. Your comment may take some time to appear.