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News and Views

Publication

Update on notices by Inland Revenue Department (IRD) and Nepal Rastra Bank (NRB) considering Coronavirus (COVID 19) Pandemic

The Coronavirus Pandemic has caused disruption in the businesses globally. To curb spread of the virus, Nepal has also resorted to lockdown. Considering this situation, Inland Revenue Department (IRD) and Nepal Rastra Bank (NRB) published notice announcing various relief measures Read more

By Shankar Thapa, 6 yearsApril 9, 2020 ago
Taxation

Changes to Value Added Tax (VAT) Act, 2052 by the Finance Act 2076

This is comparative presentation of changes made to Value Added Tax (VAT) Act, 2052 by the Finance Act 2076, compiled by Shankar Associates, Chartered Accountants (A member of MGI Worldwide). For notifying of Errors or any suggestion, email at: info@saca.com.np Read more

By Shankar Thapa, 6 years ago
News

Social Security Fund (SSF) Issues notice for deposit

Social Security Fund(SSF) Issues notice for deposit Social Security Fund (SSF) has issued notice to organizations listed with SSF to start depositing the contribution amount starting 2076 Shrawan as below: सामाजिक सुरक्षा कोषमा रकम जम्मा गर्नको लागि सूचना सामाजिक सुरक्षा Read more

By Shankar Thapa, 6 yearsAugust 14, 2019 ago
Publication

Changes in Income Tax Act of Nepal by Finance Bill 2076

We are happy to share the changes made by Finance Bill 2076 to INCOME TAX ACT 2058. The changes are presented in comparative form with both old provision and new changed provision for ease of understanding.  Please email us or Read more

By Shankar Thapa, 6 yearsAugust 13, 2019 ago
Financial Statements

Determination of applicable Financial Reporting Framework

NFRS for SMEs is applicable to the financial statements starting Shrawan 1, 2076 i.e. FY 2076/77 (2019/20). Do you know whether it applies to you or not? Here is how you determine the financial reporting framework applicable to you:

By Shankar Thapa, 6 yearsAugust 10, 2019 ago
Financial Statements

गैर सरकारी संस्थाको वित्तीय विवरण

An article by Shankar Thapa on Financial Statements of Non Governmental Organization (NGO)

By Shankar Thapa, 6 years ago
Taxation

स्वास्थ्य क्षेत्रमा कर (Tax in Health Sector)

An article by Shankar Thapa in Swasthya Khabar Patrika on Bhadra 2075.

By Shankar Thapa, 6 yearsAugust 10, 2019 ago
Foreign Direct Investment

Investing in Nepal :An overview of changes made by Foreign Investment & Technology Transfer Act 2075

The Foreign Investment and Technology Transfer Act, 2049 (1992) was replaced recently by the new act of 2075 (2019). There are a lot of small and big changes made by the new act. This video highlights major changes made by Read more

By Shankar Thapa, 7 years ago

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Useful Links

Institute of Chartered Accountants of Nepal

Accounting Standard Board of Nepal

Auditing Standards Board Nepal

International Federation of Accountants

The IFRS Foundation

Nepal Rastra Bank

Securities Board of Nepal

Office of Company Registrar

Nepal Insurance Board

Investment Board Nepal

Ministry of Finance

Inland Revenue Department

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  • Shankar Associates, Chartered Accountants is a partnership firm registered with Institute of Chartered Accountants of Nepal (ICAN) with registration number 604 and is registered with Inland Revenue Department with Permanent Account Number (PAN) 608907293.
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