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Posts tagged as “vegetables”

Traders stop potato, onion imports after VAT decision

by Krishana Prasain in The Kathmandu Post, June 12, 2023Nepali kitchens may have to do without potatoes and onions as traders have stopped importing these indispensable vegetables after the government slapped value-added tax (VAT) on them. Consumer rights activists say a revenue-hungry government is taxing everything, and now it has even invaded the kitchen, making life harder for inflation-stricken Nepalis. Finance Minister Prakash Sharan Mahat defended the move telling Parliament recently that imposing taxes on…

Worsening hunger

Editorial in Dawn, December 8th, 2022THAT the dollar liquidity crunch has started hurting the import of essential items such as vegetables and raw material for drugs shows how dire the situation has become. A report in this newspaper says that commodity importers continue to face problems in opening letters of credit for imports because of the shortage of dollars in the market. Held up at various terminals of the Karachi port are 417 containers of…