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Transfer Pricing Directive 2024

Advisory & Insights

The Database Gap: Why Nepal’s Transfer Pricing Directive 2024 Has a Data Problem — and What to Do About It

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.

By Shankar Thapa, 3 monthsMay 26, 2026 ago
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

Shankar Associates, Chartered Accountants

5 days ago

Shankar Associates, Chartered Accountants
In times of disaster, humanity is measured not only by words of sympathy but also by the actions we take to support those in need.As our country, Nepal, faces the devastating impact of the recent Bhotekoshi flood disaster, this is a reminder that collective support can play a meaningful role in helping affected communities and families recover and rebuild.Under Section 12(Kha) of the Income Tax Act, 2058, contributions made to the Prime Minister’s Disaster Relief Fund and reconstruction funds established by the Government of Nepal may be deducted while calculating taxable income, subject to the applicable legal provisions.Let us stand together with the affected families, support relief and recovery efforts, and contribute to rebuilding stronger and more resilient communities.Together, we can turn support into recovery and hope into action. 🇳🇵#BhotekoshiFlood #NepalFloods #DisasterRelief #IncomeTax #IncomeTaxAct2058 #TaxAwareness #SocialResponsibility #Nepal #ReliefAndRecovery #RebuildNepal ... See MoreSee Less

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Shankar Associates, Chartered Accountants

2 weeks ago

Shankar Associates, Chartered Accountants
TAX RATE INCREASED! | 15% → 20%The tax rate on Insurance Agent Commission Income has increased from 15% to 20%.📌 Previous Rate: 15% 📌 New Rate: 20%Insurance agents and taxpayers receiving commission income should take note of this important tax update.🔎 Stay updated with the latest Nepal Tax & Accounting Updates.Follow Shankar Associates, Chartered Accountants for more Nepal tax & accounting updates.#TaxUpdate #NepalTax #InsuranceAgent #CommissionIncome #IncomeTax #TaxRate #Taxation #Nepal #Accounting #ShankarAssociates #CharteredAccountants ... See MoreSee Less

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Shankar Associates, Chartered Accountants

3 weeks ago

Shankar Associates, Chartered Accountants
FY 2083/84: What Has Changed in Individual Income Tax?The new Fiscal Year 2083/84 has brought significant changes to Nepal’s Individual Income Tax Slabs.In this video, we compare FY 2082/83 vs FY 2083/84 and explain the major changes in simple terms, including:🔹 Changes in tax slab rates🔹 Revised income thresholds for taxpayers🔹 Changes affecting Single & Couple taxpayers🔹 SSF-related tax treatment🔹 Tax deductions and reliefs🔹 Increase in Private Building Insurance deduction🔹 Children’s Education Expense deduction🔹 Other available tax benefits and deductionsWhether you are an Accountant, HR Professional, Employer, Business Owner, or Salaried Employee, understanding the updated tax slabs is essential for accurate salary tax calculation and compliance.🎥 Watch the full video to understand the FY 2083/84 tax changes and their impact on your income.📌 Save this post for future reference and share it with your colleagues and accounting professionals.#TaxNepal #IncomeTaxNepal #TaxSlab #FY208384 #TaxUpdates #NepalTax #SalaryTax #TDS #AccountingNepal #Accountants #TaxConsultant #TaxDeduction #SSF #TaxPlanning #ShankarAssociates #CharteredAccountants ... See MoreSee Less

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Shankar Associates, Chartered Accountants

3 months ago

Shankar Associates, Chartered Accountants
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.Details in the link. ... See MoreSee Less

Nepal's Safe Harbour Rule: Simpler Transfer Pricing | SACA

www.saca.com.np

The Finance Bill 2083 introduces Nepal's Safe Harbour Rule — allowing eligible taxpayers to skip transfer pricing studies and use predefined margins instead.
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Shankar Associates, Chartered Accountants

3 months ago

Shankar Associates, Chartered Accountants
We have summarized the rates of Tax Deducted at Source (TDS) / withholding tax applicable in Nepal for FY 2083/84. In each row the Nepali text and its rate appear on the upper line, with the English translation and rate directly below. The content is presented as an unofficial translation for reference. ... See MoreSee Less

Tax Deducted at Source in Nepal | TDS Rates for FY 2083/84 (FY 2026/27) - Shankar Associates

www.saca.com.np

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.
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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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