Highlights of Budget 2072/2073

Finance minister started the budget announcement remembering the people affected by the earthquake and the families going through the pain because of the disaster and thanking all the countries that helped during the earthquake and are still helping for rebuilding the nation.

Budget Updates: Finance Minister Presents budget of Rs 819 billion

The country's trade deficit as of the eleventh month of the current fiscal year 2014/15 has increased by 7.4 per cent as compared to the last fiscal year.

In the next3 years, all village will be facilitate with power, drinking water and roadways.

Dolpa, Humla and Mugu will be provided with Road facility by the help of integration of these three places.

50 thousand youths to be provided with district level training of masons and carpenters.

Pokhara airport construction will be started next Fiscal Year.

Government of Nepal has allocated a budget of Rs 1.75 billion to upgrade the standard of Tribhuwan International Airport.

Budget of Rs 5 billion and 7.5 million was allocated to upgrade the standard of airports across the country

A feasibility studyfor the establishment of over 10 large cities will be done

The government has allocated 1 billion for the construction of a fast truck.

GautamBuddha Airport  has been allotted 2 billion 50 million  to be completed in 2 years.

Tamakoshi hydropower has been allotted 2 billion and works to be completed in 2 years,likewise BudhiGandaki  3 billion 37 million and Nalasingadalai 47 million.

VDC wishing to combine will be granted of Rs 2million.

Pancheshwarproject work will be carried forward. Foreign investment will be allowed for West Seti.

50 percent subsidy to the agricultural loan interest.

Custom will be free for Agriculture equipment import.

VAT exemption on agriculture and livestock insurance premium.

Koshi tapaau to be developed as birds viewing center.

Under constructed hydropowers will be taken into consediration for completion

The National Highway will be given higher priority

Thankot Naubise Highway allotted with 1 billion 67 million

795 kmroad to be paved, Rs 12 billion fortransmission lines.

Solarstreet lights for the municipality allotted with  45 million budget.

4 billion for the earthquake affected region.

Budget to build Dharan, Pokhara and Lalitpur as model cities into making them environmental friendly and green cities

Government employes to be provided with disaster management training.

Senior citizen allowance increased to Rs 1000

Socialsecurity allowances to be distributed through banking channel

Free checkup for child till 28 days of birth

33 million will be given public housing program

Poor disadvantaged young of 10 districts will be provided with scholarship of 11 million for technical diploma

Total budget for the education sector allocated 64.98 billion

74 billion in Reconstruction, 50 billion for habitat, and 6 billion for social sector

Temporary teachers serving for more than 5yrs will be provided with special scheme

Universities grant of 8 billion7million

2.7 billion For the development of sports.

Rs 110 million allocated for cricket stadium in Mulpani

Govt raises tax on cigarettes and alcoholic beverages

Insurance company will be encouraged for merger and acquisition 

Prision to be shifted ouside valley

South Asian Conference Centre to be constructed at Lalitpur-based Sajha Yatayat compound

Foreign citizen should have compulsory work permit from nepal government

Nepali Army to be allotted with 32billionand for Nuwakot prison for 5million

E-Passport will be made complusory

International standard cricket ground will begin to be built in Dhangadhi

National ID Card distribution program will be started

Govt allocates Rs 270 million for the MD and MS study from government quota

Madan Bhandari Trauma Center to be built in Bharatpur

Experiment to be performed for teaching Math, Science and English through broadband service in 100 remote schools.

No change in remuneration of civil service employees. The age-bar of civil employees to be reviewed in light of growing life expectancy.

50 percent discount on revenue of electronic medias. Renewal fees waived off

Govt allocates Rs 6.10 bn for providing a subsidy on fertilizers and seeds

400 public toilets to be constructed in Kathmandu Valley

365 ropeways to be converted into suspension, Govt allocates Rs 1.86 billion for the construction of railway.

CIT to be given responsibility for Sharemarket to development, revenue above five million should be done through bank

Economic growth to be 6%

Classification of the taxpayer will be based on transaction they make