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The parliamentarians have expressed the view that the reform of the tax system is necessary from the increase of domestic product. In today's meeting of the House of Representatives, the participants expressed this opinion in the discussion with the amendments received on the Economic Bill, 2082.
Prem Suwal, Member of Parliament of Nepal Labor and Farmers Party, emphasized on the need to replace imports by increasing domestic production. He said, 'There is no need to propose a green tax, we should build a green city by implementing a pollution tax, we should create an environment to stop the use of alcohol and tobacco.' He also emphasized on the direct involvement of the government in the implementation of hydropower and irrigation projects.
MP Prabhu Sah demanded to bring the big categories also under the tax ambit. "Ordinary farmers are forced to pay tax, but big professional people are not under the scope of tax," he said.
MP Ranendra Barali argued that jewelry such as gold and silver should not be taxed on the list of luxury items. "We need gold and silver from birth to death, it is impractical to impose a luxury tax on jewelry compared to the expensive and luxurious items of big hotels," he said. It should be dismissed.'
Member of Parliament Narayani Sharma stressed that the herbal industry should be promoted by encouraging the production of herbs. She mentioned that the utilization of natural resources is necessary to improve the country's economy. MP Tshiring Damdul Lama said that gold, silver and diamond business will be affected by the 2 percent tax under luxury goods.
MP Shakti Bahadur Basnet commented that the income-expenditure did not match and the figures contained in the bill were not realistic. "The values of social justice are weakening, the age of old age allowance has also been reduced, in such a situation it is necessary to make the tax system progressive," he said.
MP Madhav Sapkota mentioned that although the citizens have to pay taxes, the state has not fulfilled its social responsibility. He said, 'Citizens should be guaranteed guardianship while paying taxes, but the social security allowance has been reduced, which is not a proper decision.'
Member of Parliament Rupa Soshi Choudhary said that a self-sufficient economy should be developed and mentioned that many industries in Nepal are closing due to lack of economic policy. She emphasized that the government should be serious about promoting the industry.
Member of Parliament Barshman Pun suggested that gold and silver should be removed from the list of luxury goods and said that the policy of increasing taxes is wrong. He opined that Value Added Tax (VAT) should be removed from pharmaceutical products.
MP Amanlal Modi expressed the view that indigenous production should be encouraged and that it will help in creating jobs and increasing revenue. MP Dr. Prakasharan Mahat demanded removal of quota system in gold import. 'Items like gold and silver should not be taxed. There is a need for a clear policy on which items to tax,' he said. MPs Bhagwati Chaudhary, Ranjukumari Jha and others also expressed their opinions in the discussion.
