Patrocinado

Biomass energy entrepreneurs frustrated over mounting taxes despite eco-friendly potential

KATHMANDU:  Biomass energy entrepreneurs have expressed dissatisfaction with the government for continuously imposing new taxes on the sector, despite its potential to contribute to clean energy, reduce petroleum imports, and support rural employment. Their frustration grew after the government announced a new 5% excise duty on biomass energy products in the upcoming fiscal year’s budget. […]