The Bagmati Province Government has officially increased the fees for driving license services through the Economic Bill introduced for implementing the Fiscal Year 2083/84 budget. The revised fee structure will come into effect from Shrawan 1, 2083, making it more expensive for service seekers to apply for, renew, or add categories to their driving licenses.
Under the new arrangement, the application fee for obtaining a driving license has doubled from Rs. 500 to Rs. 1,000. The province government has also significantly revised renewal and issuance charges across different vehicle categories while keeping the license validity period unchanged at 10 years.
For Category A (Motorcycle and Scooter), the fee has increased from Rs. 1,500 to Rs. 3,000. Similarly, for Category B (Car, Jeep, Van), Category C (Tempo), and Category D (Power Tiller), the charge has been raised from Rs. 2,000 to Rs. 4,000. For Category E (Tractor) and Category F (Minibus/Mini Truck), the revised fee now stands at Rs. 5,000, up from Rs. 2,500.
Likewise, fees for Category G to J vehicles, which include trucks, buses, lorries, road rollers, dozers, cranes, fire engines, loaders, excavators, backhoe loaders, and graders, have increased from Rs. 3,000 to Rs. 6,000. Charges for adding a new vehicle category to an existing license have also been revised upward, with AβF category additions rising from Rs. 500 to Rs. 1,000 and GβJ category additions increasing from Rs. 1,000 to Rs. 2,000. Despite the fee hike, the government has decided to retain the current 10-year validity period for driving licenses.
Latest Business, Economy, Banking & Market News
Growing U.S. Investment Interest Draws Attention In Nepal
Increasing investment interest from the United States is drawing attention in Nepal as businesses and policymakers explore opportunities for capital inflows and economic partnerships.
π https://financeinyourhand.com/growing-u-s-investment-interest-draws-attention-in-nepal/
Nepal Targets 5,335 MW Installed Electricity Capacity
Nepal aims to achieve 5,335 MW of installed electricity generation capacity during the next fiscal year to support rising energy demand and exports.
Commercial Banks Publish New Fixed Deposit Rates For Ashad
Commercial banks across Nepal have released updated fixed deposit interest rates for Ashad.
π https://financeinyourhand.com/commercial-banks-publish-new-fixed-deposit-rates-for-ashad/
Kia Nepal Launches The New K3 Seltos
Official Website:
https://www.kia.com
Nepal Foreign Minister Begins Official China Visit
Nepalβs Foreign Minister started a four-day official visit to China.
Gold And Silver Prices Move Higher In Nepal
Gold and silver prices recorded gains in Nepal.
π https://financeinyourhand.com/gold-and-silver-prices-edge-higher-in-nepal/
Scotland Ends 36-Year Wait In 2026 FIFA World Cup
Qualification action saw Scotland secure a narrow win.
Bhujung Hydropower Holds 4th AGM
The company elected a new board and approved future plans.
Securities Investigation Case Filed
Authorities filed a case involving 81 individuals.
Nepal Reinsurance Reports Quarterly Loss
Nepal Credit Investment Expands
Kumari Bank Launches Digital Loan Service
Official Website:
https://www.kumaribank.com
Hydropower Dominance Raises Questions
Nepal Bank Lending Reaches Rs. 58.89 Trillion
NEPSE Extends Decline Despite Higher Turnover
Finance Minister On Capital Spending
NEPSE Index Falls Slightly
π https://financeinyourhand.com/nepse-index-falls-slightly-but-turnover-rises-on-friday/
SpaceX Raises $75 Billion
Official Website:
https://www.spacex.com
News:
https://financeinyourhand.com/spacex-raises-75-billion-ahead-of-landmark-stock-market-listing/
Rastriya Banijya Bank Introduces Online Collateral System
Official Website:
https://www.rbb.com.np
Wealth Orbit Center
Homepage:
https://wealthorbitcenter.com/
Global News:
https://wealthorbitcenter.com/category/global-news/
Nepal Stock News:
https://wealthorbitcenter.com/category/nepal-stock-news/
Crypto Screener:
https://wealthorbitcenter.com/live-crypto-currency-price-and-chart-screener/
Forex Screener:
https://wealthorbitcenter.com/forex-currency-scrrener-today/

