Nepal New Law 2023 is a term that refers to the changes and amendments made to the existing laws and regulations by the government of Nepal for the fiscal year 2023/24 (2080/81). The new law 2023 is announced through the Finance Bill, which is presented by the finance minister along with the annual budget. The new law 2023 may also include other bills that are passed by the parliament or enacted by the president during the fiscal year.
Demystifying Nepal's Legal System is a challenging but rewarding topic. According to my search, Nepal's legal system is a civil law-based system, which means that laws are derived from written statutes rather than judicial decisions. However, Nepal's legal system also has some elements of common law, such as the practice of case laws or precedents. The Nepali legal system has been influenced by various sources, such as the Napoleonic Code, the Hindu philosophy, and the English common law.