Introduction

Welcome to Digital Solution's in-depth blog on Nepal's 2082/83 Budget focusing exclusively on ICT and Digital Nepal initiatives. Discover how the government plans to accelerate digital transformation through policy reforms, infrastructure investment, and cutting-edge technologies.

Budget Overview & ICT Allocation

The total budget for FY 2082/83 stands at रु 19 खर्ब 64 अर्ब 11 करोड, with the Ministry of Communication & Information Technology receiving रु 7 अर्ब 72 करोड (~0.39%). This investment underpins Nepal’s digital roadmap.

Key Policy & Tax Incentives

• 5% Final Tax on foreign IT service exports with 75% exemption.
• VAT Exemption for digital payments to boost e-transactions.
• Digital Service Tax expanded to cover all digital businesses.
• OTT Platforms like YouTube, Netflix regulated under new legal frameworks.
• Priority for domestic software in public sector procurement.

Infrastructure & Connectivity

• Launch of Digital Nepal Framework (2nd edition) for literacy & inclusion.
• Establishment of a national AI Centre in partnership with private sector.
• Nepal’s first Geostationary Satellite project initiated.
• 5G roll-out in Kathmandu & major cities; 4G coverage improved nationwide.
• Smart Post Offices modernization and Smart Yatayat public transport.

e-Governance & Digital Identity

• Unified National ID mandatory for SIM cards, banking, insurance & more.
• Online labor permits and driving licenses via provincial offices.
• A single MIS platform for federal, provincial & local projects.
• Expansion of the Citizen App for seamless service delivery.

Cybersecurity & Data Sovereignty

• Development of a National Cybersecurity Strategy and capacity building.
• AI-driven Revenue Leakage Detection for tax compliance.
• Mandating e-Payments for all government transactions.

Data Centres & Cloud

• Incentives for Data Centre setup: land, power & security support.
• Creation of a Big Data analytics platform for policy-making.

Startup & Innovation Support

• Digital Nomad Visa for foreign remote workers (conditions apply).
• 3% interest loans and रु 73 करोड fund for tech startups.
• Expansion of e-Procurement and e-Billing systems.

Conclusion

Nepal’s 2082/83 budget marks a significant leap towards a Digital Nepal. From tax incentives and infrastructure to cybersecurity and startup funding, these measures will empower citizens, businesses, and government alike. Stay tuned to Digital Solution for updates and expert analysis.