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Govt rolls back decision to hike 13 percent tax on internet fee

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KATHMANDU — The government has decided to roll back its decision to hike 13 per cent telecommunication service charge on internet services on Thursday.

A meeting held between the internet service providers and officer bearers of Ministry of Industry and Communications has decided to roll back the earlier decision of government to hike internet fees.

Internet service providers, in line with the government’s decision, had raised internet fees from mid-July. ISPs had been charging 13 percent tax from the customers after the government decided to charge 13 percent tax from the internet providers.

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According to the agreement, the internet service providers will now not charge additional 13 percent tax levied by the Nepal Telecom and they will pay the telecommunications service fee to the government from the amount they have been charging to the customers.

This agreement will be implemented for those customers who have been taking the service only for home service. The corporate users, however, have to pay the 13 percent tax.

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Economy

NOC hikes fuel prices

Gorkha Post

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KATHMANDU — Nepal Oil Corporation has jacked up the prices of petrol, diesel, kerosene and aviation turbine fuel with effect from Monday.

The state-owned monopoly has decided to increase Rs 1 per litre in petrol while it has increased diesel and kerosene prices by Rs 2 a litre, respectively. Likewise, price of ATF has been raised by Rs 4.5 a litre.

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Petrol will now cost Rs 111 per litre while diesel and kerosene will cost Rs 95 a litr and ATF will cost Rs 104.5 a litre.

The NOC, however, has not increased the price of Liquefied Petroleum Gas (LPG).

Even with this adjustment, NOC will still incur fortnightly loss of Rs 70 million, as per Birendra Goit, spokesperson for NOC.

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