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About Us

Welcome to our blog Artha Bichar Nepal. Our mission is to connect with Nepalese Entrepreneurs, StartUps, and Business Enthusiasts. We aspire to be your go-to learning center, offering insights tailored for navigating the Nepalese business landscape.

Our content primarily delves into business and startup management, with a special emphasis on Accounting and Finance, Taxation, Company Registrar Office Compliance, and other operational facets. Recently, we've expanded to cover fundamentals of Personal Finance and even delved into the Sharemarket. We're committed to growing with you, so please don't hesitate to share your feedback in the comments or reach out to us at arthabichar@gmail.com.

If you have any questions or need insights on our areas of expertise, feel free to reach out via Email. We're committed to responding within 2 working days.

Now, you might be wondering about the face behind this blog. By profession, I'm a Chartered Accountant with over a decade of experience in accounting and finance. I'm on a mission to promote tax literacy among fellow Nepalese, urging them to consider it in every financial decision, be it personal or corporate.

Additionally, we offer comprehensive financial management services to support your financial endeavors. For appointments, either email or DM me on my LinkedIn Page.

Interested in my personal blog? You can subscribe them below:

Looking for Finance and Accounts related jobs, I do produce a weekly newsletter that is published every Friday. You can subscribe them below: 

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Filing Taxes in Nepal with Both Salary and Business Income: A Practical Guide

Many individuals in Nepal find themselves in a situation where they earn income from a salaried job while also running a small business. This can lead to confusion about how to file taxes correctly. One common question I recently received highlights this perfectly. The Question (प्रश्न) In Nepali (नेपालीमा): मेरो बाबाको व्यवसाय पान पसल हो। मेरो बाबाले अर्को कम्पनीमा काम पनि गर्नुभएको छ। त्यसैले उहाँको तलब आय र व्यवसाय आय दुवैको कर कसरी तिर्नुपर्ने हो? केही आइडिया भए सुझाव दिनुहोला है। In English: My father runs a betel nut (pan) shop as a business. He also works at another company. So, how should he pay tax on both his salary income and his business income? Please suggest if you have any idea. The Expert Opinion: How to Handle Dual Income and Which Form to File Thank you for this important question. Your father's situation is quite common, and the answer hinges on understanding which tax return form applies. Let me clarify the process step by step. 1. Calculating Total Taxable Inco...
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Tax Collection Agency codes for IRD Offices all over Nepal

Inland Revenue Department Nepal has published the agency codes that shall be used for the collection of direct and indirect taxes for the general public's information. Each code consists of 9 numbers. There are in total 59 agency codes currently in use. From these codes, we can classify that there are four types of IRD offices currently in operation. 1) Inland Revenue Office 2) Tax Payer Service Office 3) Large Tax Payer Service Office, and 4) Medium Tax Payer Service Office When shall you use these codes? It shall be used while choosing the agency where the tax should be deposited while completing the form for depositing the taxes. Agency Code list below: S.N. Agency Code Name Address 1 305011620 Inland Revenue Office Lahan 2 305030201 Tax Payer Service office Phidim 3 305030301 Tax Payer Service office Illam 4 305030401 Tax Payer Service office Khandbari 5 305030601 ...
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Maximizing Tax Benefits: Understanding Insurance Premium Deductions in Nepalese Income Tax

Question:  If an employee is not enrolled in any retirement fund but has paid 40,000 for life insurance or 10,000 for health insurance, should these insurance payments be subtracted from their taxable income or not?  (this was posed in one of the facebook group) Answer:  Regardless of whether an individual has contributed to a retirement fund, they remain eligible to reduce Rs. 40,000 for life insurance and Rs. 10,000 for health insurance from their taxable income. You might be wondering how?  Let's delve into the deductions permitted by the Nepalese Income Tax Act, 2058, regarding life, health, and property insurance premiums. This blog should help you understand how insurance payments can impact your taxable income. 1) Life Insurance Deduction: For residents holding life insurance, you can claim a deduction of up to Rs. 40,000 or the actual annual premium amount (whichever is lower) from your taxable income. Refer to Annex-1, Clause 12 for this provision. 2) Health...
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