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Charging station in government office, Kathmandu. Nepal leads with the newest car sales of electric vehicles in 2023 with 83% of new car purchases being electric. [1] [2] Nepal has witnessed significant growth in the adoption of electric vehicles (EVs), fueled by a combination of favorable policies, rising environmental awareness, and cost-effectiveness.
Electric and hybrid vehicles are exempt from the environmental tax, which also acts as a registration tax. From March 2015, electric vehicles are also exempt from the annual tax, while hybrid vehicles have a 95% reduction. [170] In 2016, the "Rabla Plus" program offered a government grant of €5,000 for the purchase of a new electric car. [171]
The National corporations such as Nepal Telecom, Dairy Development Corporation, and Nepal Electricity Authority use Yellow number plates with dark-colored (Usually black, sometimes blue) letters. Such vehicles are given the following vehicle size codes: घ (GHA): Heavy Vehicles; ञ (ÑA): Light Vehicles
Inland Revenue Department (IRD) Nepal is the department of Nepal Government under Ministry of Finance, located in Lazimpat, Kathmandu.The IRD is currently responsible for the enforcement of Tax Laws and administration of the following taxes: Income Tax, Value Added Tax, Excise Duty and duties like Entertainment fee (Film Development Fee).
Income tax is also collected from vehicle registered for rent every year. The rate is determined by Income Tax Act. Vehicle Registration fee, renew fee, vehicle fitness test fee, pollution test fee, route permit fee and other applicable fees are also collected as per the vehicle and transport management act of related provinces.
The Ministry of Energy, Water Resources and Irrigation (Nepali: ऊर्जा, जलस्रोत तथा सिंचाइ मन्त्रालय) is a governmental body of Nepal that governs the development and implementation of energy including its conservation, regulation and utilization.
Nepal Red Cross Society; Nepal Agricultural Research Council (NARC) Nepal Telecom; National Information Technology Center (NITC) Nepal Academy of Tourism and Hotel Management; Nepal Airlines Corporation; Nepal Academy of Science and Technology (NAST) Nepal Health Research Council; Nepal Medical Council; Nepal Standards and Metrology Department
Nepal Electricity Authority (NEA), founded on 16 August 1985, is the parent generator, transmittor and retail distributor of electric power under the supervision of the government of Nepal. [ 2 ] NEA has its own power plants.