CA. Ananta Bijaya Dauliya

19/07/2026

Many education consultancies and language institutes are focused on renewing their licenses.

But after reading the new Educational Consultancy, Language Teaching and Preparatory Classes (Operation and Management) Regulations, 2083, one thing stood out to me:

The focus has shifted from licensing to compliance.

The new framework introduces stronger expectations around governance, documentation, digital payments, counsellor qualifications, student protection, and operational transparency.

For many institutions, this means reviewing not only their license but also their internal policies and day-to-day practices.

If you operate an education consultancy or language training center, now is a good time to assess whether your organization is ready.

22/06/2026

Something is off about how we are treating the Nepal tea crisis.

And I don’t mean “policy off” in a theoretical sense. I mean real factories shutting down, real farmers not getting paid, real export chain getting stuck kind of off.

This is not a small sector. This is thousands of farmers, workers, exporters. One of our real foreign exchange earners.

What feels strange is not just the crisis itself.

It is how quiet everything around it feels.

We hear noise everywhere else.

Political events, party programs, statements, counter-statements, celebrations of leadership, debates on everything under the sun.

But on this?

We hear big narratives. Big visions. Big promises about infrastructure, transformation, economic change.

But on ground level, even stabilizing an existing export sector like tea is becoming a struggle.

When an industry this large is under pressure, who is communicating with them clearly, regularly, and transparently?

That gap is what feels uncomfortable.

09/06/2026

The first time I came to visit Kathmandu as a Class 5 student, I remember sitting inside a packed microbus, looking out the window and feeling completely overwhelmed.

Rani Pokhari. Ghantaghar. Ratna Park. Khulla Manch. Tudikhel. Dharahara. RNAC. New Road.

Everything seemed to appear one after another, and for years I would confuse Ratna Park, Khulla Manch and Tudikhel.

Seeing the photos of the newly reopened Khulla Manch brought back those memories.

What I liked most wasn’t the infrastructure itself. It was seeing the space being used again.

We often talk about investments, assets and value creation. Yet the true value of an asset is not realized when it is built. It is realized when it serves its purpose.

A public space has little social value if people cannot use it.

Looking at Khulla Manch filled with people exercising, gathering and playing sports, I am reminded an asset delivers its highest return when it remains accessible, relevant and actively used.

30/05/2026

5 predictions I made before the budget and how many came true?

Nepal’s economic policy narrative may finally be shifting from short-term survival mode toward investment, productivity and structural reform.

A few days before the Budget, I wrote about 5 major expectations:

• Better tax administration instead of aggressive tax hikes

• Relief for middle-class taxpayers

• Measures to revive private sector confidence

• Bigger focus on strategic infrastructure instead of “thopa thopa” allocation

• EV customs rationalization

Interestingly, most of these themes appeared quite strongly in the final Budget.

Some major highlights:

1. Significant middle-class tax relief

The government doubled the personal income tax exemption threshold to NPR 10 lakhs and reduced the maximum personal income tax rate by 10 percentage points.

2. Strong push toward digital tax administration instead of rate hikes

The Budget introduced:

• Digital payment-based VAT incentives

• Automated VAT refund mechanism

• Invoice culture enforcement

• Tax dispute settlement measures

3. Infrastructure prioritization and ex*****on reform

The Budget repeatedly emphasized:

• Mission-mode project ex*****on

• Strategic corridors

• Transmission lines

• Integrated infrastructure development

• Sunset provisions for delayed projects

4. Private sector and investment confidence became a core theme

The budget announced:

• Startup and venture ecosystem support

• Easier FDI procedures

• Simplified repatriation provisions

• Business rehabilitation loans

• PPP expansion

• Investment process reforms

5. EV import rationalization actually happened

This was one prediction I strongly believed in.

The government has now restructured EV customs primarily around vehicle value segmentation rather than battery capacity alone.

For the first time in a while, this Budget feels like an attempt to structurally reposition the economy.

Of course, Nepal has never really lacked plans or policies.

Ex*****on has always been the real challenge.

No income tax up to NPR 12 lakhs in Nepal?" Don’t be surprised if this Budget moves somewhere in that direction.

Budget season is upon us, and this year’s Budget feels a bit different.

The economy needs confidence, private sector needs support, and government still needs revenue.

Here are my top 5 expectations from the FY 2083/84 Budget:

1. Better tax administration, not necessarily higher taxes

I don't think the government has much room for major tax rate hikes. Revenue pressure is definitely there, but I expect stronger tax administration rather than new taxes.

We may see:
Digital compliance and system integration
Stronger monitoring and data matching
Efforts to widen the tax base and improve enforcement

In short, collection may get tighter even if rates dont go up significantly.

2. Measures to revive private sector confidence

Business sentiment is still soft. Credit demand has not picked up the way many expected and investment appetite remains weak.

I expect some targeted measures for the private sector, possibly:
Sector specific tax relief
Incentives for investment and expansion
Support to struggling industries and SMEs

3. Bigger focus on mega projects, less thopa thopa budget allocation

This is something I strongly expect.

For years, budget has been spread too thin across too many projects with poor ex*****on.

I think this Budget may finally shift towards fewer but more meaningful allocations.

Likely focus areas:
Transmission lines
Hydropower ecosystem
Strategic highways
Urban infrastructure
Irrigation and logistics

If ex*****on improves, this alone could have a meaningful economic impact.

4. EV import duty rationalization

Nepal’s EV transition is no longer a future story, its already happening.

Considering our fuel import bill and hydropower potential, I expect some rationalization in EV taxes, especially for practical and mass market vehicles.

5. Tax relief for middle class taxpayers

This one may sound optimistic, but I feel meaningful restructuring of personal taxation feels overdue.

Whether through slab changes, rebate mechanisms, or deductions, I wont be surprised if the government tries to ease the burden on middle income earners.

Consumption is weak, cost of living has gone up, and skilled youth migration continues to be a serious concern.

Maybe not fully tax free up to NPR 12 lakhs, but some meaningful relief? Very possible.

If even 3 out of these 5 happen, I think this Budget could genuinely improve economic sentiment.

What is one bold prediction you have for this year’s Budget in Nepal?

28/05/2026

No income tax up to NPR 12 lakhs in Nepal?" Don’t be surprised if this Budget moves somewhere in that direction.

Budget season is upon us, and this year’s Budget feels a bit different.

The economy needs confidence, private sector needs support, and government still needs revenue.

Here are my top 5 expectations from the FY 2083/84 Budget:

1. Better tax administration, not necessarily higher taxes

I don't think the government has much room for major tax rate hikes. Revenue pressure is definitely there, but I expect stronger tax administration rather than new taxes.

We may see:
Digital compliance and system integration
Stronger monitoring and data matching
Efforts to widen the tax base and improve enforcement

In short, collection may get tighter even if rates dont go up significantly.

2. Measures to revive private sector confidence

Business sentiment is still soft. Credit demand has not picked up the way many expected and investment appetite remains weak.

I expect some targeted measures for the private sector, possibly:
Sector specific tax relief
Incentives for investment and expansion
Support to struggling industries and SMEs

3. Bigger focus on mega projects, less thopa thopa budget allocation

This is something I strongly expect.

For years, budget has been spread too thin across too many projects with poor ex*****on.

I think this Budget may finally shift towards fewer but more meaningful allocations.

Likely focus areas:
Transmission lines
Hydropower ecosystem
Strategic highways
Urban infrastructure
Irrigation and logistics

If ex*****on improves, this alone could have a meaningful economic impact.

4. EV import duty rationalization

Nepal’s EV transition is no longer a future story, its already happening.

Considering our fuel import bill and hydropower potential, I expect some rationalization in EV taxes, especially for practical and mass market vehicles.

5. Tax relief for middle class taxpayers

This one may sound optimistic, but I feel meaningful restructuring of personal taxation feels overdue.

Whether through slab changes, rebate mechanisms, or deductions, I wont be surprised if the government tries to ease the burden on middle income earners.

Consumption is weak, cost of living has gone up, and skilled youth migration continues to be a serious concern.

Maybe not fully tax free up to NPR 12 lakhs, but some meaningful relief? Very possible.

If even 3 out of these 5 happen, I think this Budget could genuinely improve economic sentiment.

What is one bold prediction you have for this year’s Budget in Nepal?

16/05/2026

देश गरिब होइन, सिस्टम कमजोर हो भन्ने कुरा फेरि एकपटक प्रमाणित भएको छ।

महालेखा परीक्षकको प्रतिवेदन अनुसार नेपालको कुल बेरुजु १५ खर्ब ४३ अर्ब रुपैयाँ पुगेको छ।

बेरुजु भनेको सधैं भ्रष्टाचार मात्र होइन। यसले कमजोर योजना, प्रक्रिया नमिलाई गरिएको खर्च, पेस्की फर्स्योट नहुनु, अनुगमनको कमी र जिम्मेवारीहीन कार्यशैलीलाई पनि देखाउँछ।

सबैभन्दा ठूलो समस्या के हो भने, यो अब नयाँ खबर जस्तो लाग्न छाडेको छ। हरेक वर्ष प्रतिवेदन आउँछ, केही दिन बहस हुन्छ, अनि फेरि सबै सामान्य।

महालेखाले समाधान पनि स्पष्ट भनेकै छ: पारदर्शिता, डिजिटल प्रणाली, खर्चमा मितव्ययिता, परिणाममुखी बजेट र स्पष्ट जवाफदेहिता। समस्या सुझावको होइन, कार्यान्वयनको हो।

सार्वजनिक पैसा भनेको सरकारको होइन, नागरिकको पैसा हो र त्यसको अनुशासन केवल आर्थिक विषय होइन, राज्यको चरित्रको प्रश्न हो।

14/05/2026

SEE को नतिजा आयो। नेपालको समग्र उत्तीर्ण दर करिब ६६% छ।

तर मलाई सबैभन्दा बढी चोट पुर्‍यायो त्यो तथ्यांकले जहाँ केही सरकारी विद्यालयहरूको उत्तीर्ण दर मात्र ७%, ११%, १४% र ३०% रह्यो।

सोच्नुस् एकपल।

धेरै घरका बुबाआमा खाडी मुलुक जान्छन्। ऋण लिन्छन्। आफ्नो स्वास्थ्य बिगार्छन्। जीवनभरको कमाइ लगाउँछन्। एउटै सपनाले, कि छोराछोरीले राम्रो भविष्य पाउनेछन्।

तर हामीले तिनलाई के फिर्ता दियौं?

सरकारले हरेक वर्ष अर्बौं रुपैयाँ सार्वजनिक शिक्षामा खर्च गर्छ। तलब, प्रशासन, पूर्वाधार, स्थानीय बजेट सबैमा।

त्यसको नतिजाको जवाफदेहिता कहाँ छ?

समस्या हो जवाफदेहिताको अभाव, राजनीतिकरण भएको विद्यालय व्यवस्थापन, पुरानो शिक्षण पद्धति, प्रविधिसँग तालमेल नमिलाएका शिक्षक, कमजोर अनुगमन र सुपरिवेक्षण, र कुनै कार्यसम्पादन संस्कृति नहुनु।

सबैभन्दा दुखद कुरा के हो भने हामीले सार्वजनिक शिक्षामा असफलतालाई सामान्य मानिसक्यौं।

जुन देशको जग नै भत्किँदैछ, त्यो देशले आर्थिक समृद्धिको सपना देख्न सक्दैन।

यो विषयमा तत्काल गुणस्तर निरीक्षण, जवाफदेहिता र संरचनागत सुधार चाहिन्छ।

तपाईंलाई के लाग्छ? यो अवस्था सुधार्न सरकारले पहिले के गर्नुपर्छ?