The Nepalese government has officially scrapped a 3 percent equity levy on education and health services that was introduced in the recent fiscal budget. The Cabinet approved the rollback on Wednesday, reversing a policy that had been in effect since July 17.
While the government has pledged to issue refunds for the taxes collected during this period within 50 days, the process remains subject to formal administrative finalization. Consequently, taxpayers who paid the levy during the time it was active currently face uncertainty regarding the implementation and timeline of these reimbursements.
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