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Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms
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Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms

Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms Kathmandu — Nepal’s Ministry of Finance has formally kicked off the process of preparing the national budget for the upcoming fiscal year by constituting a Revenue Advisory Committee, signaling the start of the government’s annual fiscal planning cycle. Officials say the move is aimed at collecting structured policy input before the budget ceiling, priorities, and tax proposals are finalized. According to the ministry, the committee has been formed under a decision of Finance Minister Rameshwar Prasad Khanal dated Magh 28 (Nepali calendar), with the Ministry’s Revenue Secretary serving as coordinator. The ministry’s spokesperson, Tank Prasad Pandey, said the committee has already started work, indicating that early-stage consultations and technical reviews are now underway. At its core, the committee’s mandate is broader than routine “tax suggestions.” It has been asked to advise on the economic context and on what the budget should prioritize—meaning it can influence both the revenue strategy (how the state raises money) and the policy direction (where the state plans to intervene, reform, or incentivize). In practice, such committees often become the route through which competing interests—business groups, sector associations, experts, and government agencies—try to shape the budget narrative.

Dipesh Ghimire

·

1 Mar, 2026

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Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms
Top

4 min read

Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms

Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms Kathmandu — Nepal’s Ministry of Finance has formally kicked off the process of preparing the national budget for the upcoming fiscal year by constituting a Revenue Advisory Committee, signaling the start of the government’s annual fiscal planning cycle. Officials say the move is aimed at collecting structured policy input before the budget ceiling, priorities, and tax proposals are finalized. According to the ministry, the committee has been formed under a decision of Finance Minister Rameshwar Prasad Khanal dated Magh 28 (Nepali calendar), with the Ministry’s Revenue Secretary serving as coordinator. The ministry’s spokesperson, Tank Prasad Pandey, said the committee has already started work, indicating that early-stage consultations and technical reviews are now underway. At its core, the committee’s mandate is broader than routine “tax suggestions.” It has been asked to advise on the economic context and on what the budget should prioritize—meaning it can influence both the revenue strategy (how the state raises money) and the policy direction (where the state plans to intervene, reform, or incentivize). In practice, such committees often become the route through which competing interests—business groups, sector associations, experts, and government agencies—try to shape the budget narrative.

Dipesh Ghimire

·

1 Mar, 2026

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Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms

Dipesh Ghimire

·

1 Mar, 2026

Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms

Nepal Begins Budget Work, Sets Up Revenue Advisory Committee to Shape Tax and Economic Reforms Kathmandu — Nepal’s Ministry of Finance has formally kicked off the process of preparing the national budget for the upcoming fiscal year by constituting a Revenue Advisory Committee, signaling the start of the government’s annual fiscal planning cycle. Officials say the move is aimed at collecting structured policy input before the budget ceiling, priorities, and tax proposals are finalized. According to the ministry, the committee has been formed under a decision of Finance Minister Rameshwar Prasad Khanal dated Magh 28 (Nepali calendar), with the Ministry’s Revenue Secretary serving as coordinator. The ministry’s spokesperson, Tank Prasad Pandey, said the committee has already started work, indicating that early-stage consultations and technical reviews are now underway. At its core, the committee’s mandate is broader than routine “tax suggestions.” It has been asked to advise on the economic context and on what the budget should prioritize—meaning it can influence both the revenue strategy (how the state raises money) and the policy direction (where the state plans to intervene, reform, or incentivize). In practice, such committees often become the route through which competing interests—business groups, sector associations, experts, and government agencies—try to shape the budget narrative.

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