Capital

KMC scraps free parking inside metropolis

- Post Report, Kathmandu

Jul 17, 2017-

Kathmandu Metropolitan City has decided to take parking charge annulling its earlier decision of free parking across the metropolis after endorsing the Finance  Act 2074.

According to the endorsed Act, the KMC has divided the metropolis into three areas where two-wheelers will now have to pay Rs 15-20 while four-wheelers will have to pay Rs 40-50 and six-wheelers or above will have to par Rs 100-200 per hour.

Likewise, the Act dictates that the KMC should take permit prior to operating parking business, parking area alongside the metro roads should be marked clearly and only take 25 percent of the total road area.

Similarly, the Act also states of tax exemption if the KMC applies modern technology while running the parking business.

Here is the list of parking areas and the amount charged:

Published: 17-07-2017 17:38

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