Nepal traders stop importing vegetables from India after govt slaps 13% VAT ...Middle East

Traders in Nepal on Tuesday said they have stopped importing onions, potatoes and other vegetables from India after the government slapped a hefty 13 per cent Value-Added Tax (VAT) on these items last month. Opposition lawmakers have criticised the Nepal government's move, arguing that it would make low-income families vulnerable to food insecurity and increase the agony of people who are already hit hard by skyrocketing inflation. According to the financial bill introduced in Parliament on May 29, imported onions, potatoes and other vegetables and fruits will now be subjected to a 13 per cent VAT. Finance Minister Prakash Sharan Mahat has defended the move, asserting that it was intended to

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