Download Income Tax Act 2058 updated through Finance Ordinance 2078
There are numerous reforms made by the Finance Ordinance 2078 in the Income Tax Act 2058. The biggest winner seems to be Small businesses ha...
Latest Articles
What is Presumptive Tax for resident person having Income from Business in Nepal?
Presumptive taxation involves the use of indirect means to ascertain tax liability, which differs from the usual rules based on the taxpayer...
How long should I keep tax records & underlying accounting documents per Nepal's Income Tax?
Every year one has to go through thousands and thousands of documents before coming up with the final tax return that gets submitted to Inla...
Informants Reward Program under Nepalese Income Tax Act
We see lots of posts on Facebook, Instagram, and TikTok around how to become a millionaire or billionaire. Most of them repeat the same thin...
Do you know your rights as a Taxpayer?
We all are aware that taxes needs to be paid on any income earned from the income generating activities. There is no way we can remain untou...
I am Nepali working for a Foreign Company, will I be liable for tax?
Applicability of tax depends on the residential status as defined by Income Tax Act. It has nothing to do with citizenship status. A natura...
How to find out your residential status for Income Tax?
The income tax liability of a person depends on the residential status in Nepal. What we need to understand is that it has nothing to do wit...
