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What the tax reforms mean

Jun 19, 2025 2 mins read
What the tax reforms mean

In recent days, the National Assembly has passed some major tax reforms. From introducing a flat 5 percent Goods and Services Tax (GST) and increasing excise duties on harmful products to taxing high-value fixed deposit interest incomes above Nu 300,000 annually, the legislative agenda has been hotly debated within Parliament and outside, including the social media.

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