VAT Return Filing in Nepal
What is VAT and who needs to register for it? Value Added Tax (VAT) is an indirect tax levied on the value added to goods and services at each stage of production and distribution. In Nepal, VAT is governed by…
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Tax Clearance in Nepal
What is Tax Clearance and why is it important in Nepal? Tax Clearance in Nepal is an official certification issued by the Inland Revenue Department (IRD) confirming that an individual or business entity has fulfilled all tax obligations up to…
Excise Duty Registration Process in Nepal
Introduction to Excise Duty Registration Excise duty is an indirect tax levied on the manufacture, sale and consumption of certain goods in Nepal. The Excise Act 2058 (2002) and Excise Regulation 2059 (2003) govern the administration of excise duty in…
Excise Duty Renewal in Nepal
Introduction to Excise Duty in Nepal Excise duty is an indirect tax levied on the manufacture, sale and consumption of certain goods in Nepal. The Excise Act 2058 (2002) and Excise Regulation 2059 (2003) govern the imposition and administration of…
Tax Disputes in Nepal
Introduction to Tax Disputes in Nepal Tax disputes in Nepal arise when there is a disagreement between taxpayers and tax authorities regarding tax assessments, interpretations of tax laws, or tax liabilities. These disputes are a common occurrence in the Nepalese…
Tax for NGOs and Not-for-Profits in Nepal
Introduction to Tax for NGOs and Not-for-Profits in Nepal In Nepal, the tax for NGOs and not-for-profits is governed primarily by the Income Tax Act 2058 (2002) and related regulations. The Act provides specific provisions for the tax treatment of…
Tax Filing Process in Nepal
Introduction to Tax Filing in Nepal Tax filing is a critical process for individuals and businesses in Nepal to fulfill their financial obligations to the government. In Nepal, the tax system is governed by various laws and regulations, primarily the…
Property Tax in Nepal: Types, Rate & Process
Introduction to Property Tax in Nepal Property tax is an important source of revenue for local governments in Nepal. It is a tax levied on immovable property like land and buildings owned by individuals and businesses. The Local Government Operation…
Tax Deduction Process in Nepal
Introduction to Tax Deductions in Nepal Tax deductions in Nepal are allowable expenses that taxpayers can subtract from their taxable income to reduce their overall tax liability. The Income Tax Act 2058 (2002) provides the legal framework for tax deductions…
Tax Consultant in Nepal
Who are Tax Consultant in Nepal? Tax consultant in Nepal are engaged in helping individuals and businesses navigate the complex tax system and comply with regulations. As Nepal’s economy continues to grow and evolve, the demand for qualified tax consultants…