The Finance Bill 2083 brings significant amendments to the Income Tax Act, 2058 — 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 — 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 — 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.
If you’re planning to invest in Nepal, knowing which sectors are off-limits — or have ownership caps — is the first thing to get right. Nepal’s Foreign Investment and Technology Transfer Act (FITTA) 2019 defines a negative list of industries Read more
A comprehensive guide to setting up and operating an NGO in Nepal — covering the legal framework, step-by-step registration process, SWC affiliation, tax exemption, TDS obligations, labour compliance, and annual reporting requirements.
The Government of Nepal has revised the minimum wage effective from Shrawan 1, 2082 (17 July 2025). The new minimum monthly wage is NPR 19,550, comprising a basic salary of NPR 12,170 and dearness allowance of NPR 7,380. This bilingual (Nepali/English) notice is issued by the Ministry of Labour, Employment and Social Security under Section 106 of the Labour Act, 2074.
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 Read more
Concessions and Facilities – Provided by Budget 2081 through Finance Bill, 2081 of Nepal This update summarizes the provisions of Concessions and Facilities provided by Budget Speech by Honorable Finance Minister Barsaman Pun presented to joint meeting of National Assembly Read more