NSIC(Nepal Standard Industrial Classification) Code
While registering for a company, we need to identify NSIC code as per the objectives of the respective company. In order to make your search…
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Supreme court case law on Standard Chartered Bank vs IRD Lazimpat
Case laws Standard Chartered Bank vs IRD Lazimpat ||TDS applicability on import of IT service (reconciliation, system support etc)
Excel sheet for Salary TDS of 2080-81 as per the Income Tax Act, 2058 of Nepal
The Finance Act of 2080-81 introduced a single modification in the taxation brackets for individuals. Under this amendment, individuals with taxable income exceeding 5,000,000 will…
Conversion of Proprietorship Firm into Private limited company in Nepal.
According to the Finance Act of 2080-81, any individual earning an income above 50 lakhs will be subject to a tax rate of 39%, while…
Budget 2080-81 & Finance act 2080-81(2023-24).
Today Finance minister Prakash Sharan Mahat unveiling the budget for the Financial year 2080-81 (2023-24).. Copy of Budget Speech Copy of Finance Bill 2080
Interest, Fees and Penalty under the Income tax of Nepal
There are multiple section which provides for Interest, Fees & Penalty under the Income tax Act. Major provisions are outlined below: Section 117(1)(Ka) Failure to…
Tax Plate (कर पाटी) under VAT Act, 2052
Rule 14A of Value Added Tax Regulation, 2053 stipulates that taxpayer is required to fix the tax plate that is visible to all at transaction…
Registration of Private Limited Company in Nepal
In this post, we will let you know the process for incorporation of private limited company.
Read MoreExcise License and Excise Renewal Fees in Nepal
The provisions relating to the Excise License and its fees is contained in the Section 8 to Section 10 of the Excise Act, 2058. 8.…
Documents required for Registration of Private Limited Company in Nepal
There are various documents required for registration of private limited company. Here are the list of documents and fees required during the various phases of…