The industrialists of Birgunj, the financial capital of the country, have given mixed reactions to the budget for the coming fiscal year announced by the federal government on Thursday. Hari Prasad Gautam, President of Birgunj Industry and Commerce Association, has responded that the budget brought by the two-thirds majority government is not satisfactory, but Taltu is the only one.

"The two-thirds majority government could have brought a strong budget, it was also a chance to get the country out of the economic crisis," he said. Madhav Rajpal, senior vice-president of the

association, said that the cancellation of the advance tax levied at the customs points on food grains, vegetables, fruits, plants, animals and milk products is welcome. He said that the announcement to formulate a loan law plan, prepare an automatic database of international price technology to make the customs valuation realistic and put the reference price in the automatic price system is also welcome.

Although the announcement to complete the Nijgadh-Kathmandu expressway by 2084 is welcome, he complains that the Birganj-Pathalaiya corridor has not been addressed in the budget. The second vice president of the association, Manoj Kumar Das, said that it would be appropriate to pay attention to the operation of the expressway. He said that it is welcome to cancel the provision of bank guarantee of 3 lakh rupees to be kept by the industrial businessmen who export and import when taking EXIM code.

Ashish Lath, a young entrepreneur, said that implementation was challenging as the budget could not provide concrete measures to increase capital expenditure. He said that it is welcome to start-up businesses with a financial turnover of up to 10 crores, the provision of not paying income tax for 5 years, and encouraging digital payments.