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The price of gold has increased by Rs 400 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 193, 300 per tola today. It was traded at Rs 192, 900 per tola on Sunday.

Similarly, the price of silver has increased by Rs 35 and is being traded at Rs 2, 315 per tola today.

The Kathmandu Metropolitan City has unveiled the new budget of Rs 25.76 billion for the upcoming fiscal year 2025/26.. 

Deputy Mayor of Kathmandu Metropolitan City Sunita Dangol tabled the budget in the 17th convention of the municipal assembly on Sunday. 

Of the total budget of the metropolitan city for the new fiscal year, Rs 20.12 billion would be covered from the internal resources of the metropolitan city and bank deposits.

Likewise, almost Rs 5 billion would be received from the federal and province governments as the conditional and equalization grants and revenue sharing.  

As stated in the budget, the Kathmandu Metropolitan City would identify new taxpayers to make the revenue collection effective in the upcoming fiscal year and coordination would be made by visiting the transaction site itself. 

Similarly, the metropolitan city has announced the provision to provide subsidies to the new taxpayers for joining the list of the taxpayers by the end of the first six months of the upcoming fiscal year.    

Furthermore, coordination will be made with the federal government to integrate the house rental tax into a one-door system. 

The Nepal Stock Exchange (NEPSE) gained 31. 08 points to close at 2,762.88 points on Sunday.

Similarly, the sensitive index surged by 9. 51 points to close at 481. 54 points.

A total of 32,592,030-unit shares of 311 companies were traded for Rs 11. 41 billion.

Meanwhile, NIC Asia Bank Ltd. (NICA) and Khanikhola Hydropower Co. Ltd. (KKHC) were the top gainers today, with their price surging by 9. 99 percent. Likewise, Himalayan Hydropower Limited (HHL) was the top loser as its price fell by 9.93 percent.

At the end of the day, total market capitalization stood at Rs 1. 57 trillion.

The price of gold has increased by Rs 800 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 192, 900 per tola today.

Similarly, the price of silver has increased by Rs 65 and is being traded at Rs 2, 285 per tola today.