July 06, 2026
Restaurants, furniture shops, electronics retailers and hardware traders are also on the proposed list
The government is working to reduce waste in government expenditure, reduce non-priority spending and ensure thriftiness in administrative outlay, he says
The broader plan is to plant 250 million trees nationwide over the government’s five year tenure
Under the existing VAT law, a 15 percent VAT is applicable on tickets for any air-conditioned rail service
The government aims to make public fundraising faster, simpler and more attractive for businesses
Khosru says the scheme will transform agricultural sector and expand essential rural services
Students, recipients of government allowances, and individuals and organisations with tax exemptions will remain outside the tax net
The budget has been formulated with the objective of ensuring that the benefits of economic growth reach everyone, he says
