Provisions regarding Advance Tax Withholding on Payments pursuant to Sections 87, 88, 88A and 89 of the Income Tax Act, 2058, and Advance Tax Collection pursuant to Section 95A (2083/084) The Inland Revenue Department, Government of Nepal has issued provisions concerning Advance Tax Withholding and Advance Tax Collection for Fiscal ...

  Tax Rates Applicable to Entities According to the Income Tax Act, 2058 (For Fiscal Year 2083/084) S.N. Schedule / Section Description of Business / Entity / Income Status Tax Rate 1. Schedule-1, Section 2, Sub-section (1) Ent...

Tax Rates Applicable to Natural Persons under the Income Tax Act, 2058 (For Fiscal Year 2083/084) S.N. Family Selection and Income Limit   Tax Rate Tax Amount Applicable (for a person having taxable income of Rs. 6,000,000)     ...

VERY IMPORTANT NOTICE OF THE DEPARTMENT OF INDUSTRY!!! Most of the services provided by this Department are being operated through the online system. In addition, work is being carried out to bring into operation, through the online system, as soon as possible, those services which have not yet been included in the online system. It is hereby in...

As mentioned in Section 13 of the Industrial Enterprises Act, 2076, every industry, after commencing commercial production or transaction, is required to submit the prescribed details to the concerned industry registration authority within 6 (six) months after the end of each fiscal year, and it is known that, pursuant to Section 43(5) of the said ...

Understanding Business and Non-Business Entities in Nepal: A Complete Guide ...

Rebates and Facilities under Finance Act 2079 ...

Income Tax Rates for Entities for FY 2079-80 ...

Income Tax Rates for Natural person for FY 2079-80 ...

Business Rebates and Facilities under Income Tax Act for 2079-80 ...

TDS Rates for Financial Year 2079-80 ...

Budget Full Speech and Arthik Bidheyak 2078-79 ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 14 Number : 05" on 15th January, 2020. The same can be downloaded from the following link below: Industrial Property Bulletin - December 2020 <--Download ...

The Joint Bench of Supreme Court of Nepal headed by Honourable Justice Sh. Anil Kumar Sinha and Honourable Justice Dr. Sh. Manoj Kumar Sharma has ordered in the writ no. 076-wo-0966 and 076-wo-0974 that the notice of Inland Revenue Department for payment of tax and file return by Ashad 07, is not to be implemented till lockdown period and to make a...

Highlights of Finance Act, 2077 ...

TDS Rates for F/y 2077-78 (Download) ...

Nepal Finance Act - 2077 for the implementation of finance related proposal of Nepal Government. Download - Nepal Finance Act ...

Nepal Budget 2077-78 has been presented by Dr. Yuvraj Khatiwada, the Finance Minister today on 28th May, 2020. The Full text of the budget can be downloaded as below. Nepal Budget 2077-78 (Download)   ...

IRD’s Notice Relating to Extension of Time for Submission of Tax and Tax Return In lieu of the uncomfortable conditions arisen by the world-wide spread of COVID-19 pandemic, the policy decision made by the cabinet of Nepal Government dated 2077-01-14 and decision made at the ministerial level of Nepal Government dated 2077.01.18 by using t...

NRB Guideline for Reduction of Interest Rates Nepal Rastra Bank policy division has issued following guidelines on 2077-01-16 for reduction of interest rates and others to all banks and financial institutions of A, B, C & D category. 1. The bank and financial institutions shall reduce, in order to reduce the impact of COVID -19 ...

The holidays given to employees and workers during the lockdown period is to be treated as public holiday. The Home Ministry of Government of Nepal has issued an order today(27th April, 2020), under section 2 of Infectious Disease Act, 2020 (1964), that the holidays given by all government offices, entities or industries to employees...

Himalayan Terminals Pvt. Ltd. announces the complete waiver of Warehouse Charges, Open Yard Charges  and Container Parking Charges accrued on the containers and cargo at ICD Birgunj during the period from April 10, 2020 until the lockdown period as per instructions from Government of Nepal due to the Lockdown implemented by the Government...

The details of the letter issued by the Indian Embassy regarding the new provisions implemented by the Indian Customs during the lockdown period carried by Covid-19 as under: No. KAT/ECO/931/03/2020/ The Embassy of India in Kathmandu presents its compliments to the Ministry of Foreign Affairs, Government of Nepal and has the hono...

Gist of Minutes of Working Committee for Payment to Workers during The Lockdown Period The working committee under the coordination of President of FNCCI – Employers Council, Mr. Chandra Prasad Dhakal, held on April 16th, 2020 to recommend employement payment for workers working in industries and organisations. The meeting was attended ...

Notice of NRB (Nepal Rastra Bank) regarding LC payment and its new terms during the Lockdown period due to corona virus in Nepal. DOWNLOAD   ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released " Industrial Property Bulletin Vol: 14 Number: 02"  on 12th, March 2020. The same can be downloaded from the following link below: Download -> Industrial Property Bulletin - March - 2020 ...

A meeting of the Council of Ministers held yesterday (29th March, 2020) has decided to provide relief package for those affected by the nationwide lockdown. The announcement was made after the government decision to extend current lockdown by a week. Here are some key announcements made by government Spokesperson Finance Minister Yubaraj Khatiwa...

NRB CIRCULAR Corona Virus (COVID-19) SUMMARY IN ENGLISH CRR reduced by 1% (from 4 to 3%)- will increase liquidity in the market Bank rate reduced by 1% (from 6% to 5%) - cost will reduce SLF rate reduced by 1% (from 6% to 5%) - cost will reduce Refinancing Facility fund increased by 100 crore -help to minimize cost for most affected ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 14 Number : 01" on 15th January, 2020. The same can be downloaded from the following link below: Industrial Property Bulletin - January 2020 <--Download ...

Any Organisation or institutions whether manufacturing or trading engaged in Export or Import of any goods or services has to obtain the EXIM code. Institutions Obtaining EXIM Code have to renew at the Begining of every Fiscal Year. Procedure to Renew EXIM Code Pay your Renewal fee to Rashtriya Banijjya Bank, Teku Bra...

Nepal Income Tax Slab Rates for F/y: 2076-77   ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 13 Number : 03" on 21, June 2019. The same can be downloaded from the following link below: Industrial Property Bulletin - July 2019 <--Download ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 13 Number : 03" on 21, June 2019. The same can be downloaded from the following link below: Industrial Property Bulletin - June 2019 <--Download ...

Budget Full Speech and Arthik Bidheyak 2076/77 ...

  Budget Presented By:                  Dr. Yuvraj Khatiwada Budget Presented On:                  29th of May, 2019, Wednesday Budget Size:                 ...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 13 Number : 02" on 23rd April, 2019. The same can be downloaded from the following link below:   Industrial Property Bulletin - April 2019   ...

Nepal Rastra Bank, the central bank, placed a ban on the use of Chinese digital wallets WeChat Pay and Alipay, in Nepal on 20th May, 2019, stating that the country was losing foreign income due to illegal use of those payment applications by Chinese tourists. WeChat Pay and Alipay are hugely popular mobile payment applications in China. Most ...

The government plans to make employers and employees contribute to the Social Security Fund starting from July 17, 2019. As part of implementing the contribution-based Social Security Scheme of the government, the Social Security Fund (SSF) has been collecting the details of employees from different employer firms in the country. As per SSF of...

Department of Industry, under Government of Nepal - Ministry of Industry, Commerce and Supplies, has released "Industrial Property Bulletin Vol: 13 Number : 01" on 24th February, 2019. The same can be downloaded from the following link below: Industrial Property Bulletin - February 2019 ...

The 35th board meeting of the Investment Board Nepal approved 63 projects (on 15th March,2019), to be showcased at the upcoming Nepal Investment Summit scheduled for March 29 and 30. The Investment Board of Nepal (IBN), chaired by Hon. Prime Minister Mr. K.P. Sharma Oli, has approved a proposal for foreign direct investment (FDI) worth Rs...

BUDGET FOR THE FY 2075/76   MAJOR HIGHLIGHTS Budget Presented By:         Dr. Yuvraj Khatiwada Budget Presented On:        9th of May,2018, Tuesday Budget Size:                        NRs 13 Kharba 15 arba Revenue: ...