VAT, income tax, corporate tax, IRD updates, and regulatory compliance guidance for businesses in Nepal.
The Finance Bill 2083 brings significant amendments to the Income Tax Act, 2058 โ restructuring the personal income-tax rate schedule, introducing a formal transfer-pricing framework, expanding sectoral incentives, and tightening compliance and enforcement. This note summarises the key changes by theme.
The Finance Bill 2083 has brought in the “Safe Harbour Rule” provision within the context of Nepali Income Tax law. This rule allows taxpayers to bypass complex transfer pricing documentation and benchmarking studies by adhering to predefined margins or rates, provided they meet specific criteria.
Complete TDS (withholding tax) rates in Nepal for FY 2083/84 (2026/27): rates by section and payment type, final withholding payments under Section 92, and individual income tax slabs.
The Finance Bill 2083 introduces one of the most extensive packages of tax concessions, waivers, and settlement windows Nepal has seen in recent years. Across income tax, VAT, excise, and customs, the Bill offers businesses and individuals a structured opportunity to regularise outstanding dues, resolve pending disputes, and step into the tax net โ with penalties and interest waived where conditions are met. Most windows close by end of Poush 2083.
Nepal’s Transfer Pricing Directive 2024 introduces a rigorous benchmarking framework โ but cites data sources that are practically inaccessible to taxpayers. Until domestic financial disclosure laws are reformed, practitioners must rely on commercial databases like Prowess IQ and AceTP. Here is what you need to know.
This is comparative presentation of changes made to Value Added Tax (VAT) Act, 2052 by the Finance Bill 2081, compiled by Shankar Associates, Chartered Accountants (A member of Praxity).For notifying of Errors or any suggestion, email at: info@saca.com.np | shankarassociates.ca@gmail.comor Message at https://www.facebook.com/shankarassociates.ca/
We are happy to share the changes made by Finance Bill 2081 to Income Tax Act, 2058. The old and new provisions are presented in comparative form for ease of understanding. If entirely new provision has been added no formatting is done. If there are changes in previously existing provisions, Read more
We are happy to share the changes made by Finance Bill 2079 to Income Tax Act, 2058. The old and new provisions are presented in comparative form for ease of understanding. If entirely new provision has been added no formatting is done. If there are changes in previously existing provisions, Read more
We are happy to share the changes made by Finance Bill 2078 to Income Tax Act, 2058. The old and new provisions are presented in comparative form for ease of understanding. If entirely new provision has been added no formatting is done. If there are changes in previously existing provisions, Read more
We are happy to share the changes made by Finance Bill 2077 to Income Tax Act, 2058. The old and new provisions are presented in comparative form for ease of understanding. If entirely new provision has been added no formatting is done. If there are changes in previously existing provisions, Read more