Nepal seeks big rise in tobacco revenue

| July 16, 2013

The Nepalese government is looking to increase excise duty collection on tobacco products by 23 percent during fiscal year 2013-2014, according to a story in Republica.

In its 2013-2014 budget brought down on Sunday, the government said it expected to raise RS6.82 billion from excise duty on tobacco products during the year.

During the 2012-2013 financial year that ended yesterday, the government had targeted collecting RS5.54 billion.

In the meantime, the government has decided to require that excise duty stickers be included on tobacco products.

Category: Breaking News

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