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Govt notifies of amendment in domestic tax legislation concerning Anti-Treaty…

Kathmandu, Nov 12: The Government of Nepal has formally notified about the substantive change in its domestic taxation legislation to seven of its Double Taxation Avoidance Agreement (DTAA) partner countries. According to a press release issued by the Director General of Inland Revenue Department, this formal communication, issued pursuant to

CIAA files corruption case against former tax officer and contractor

The Commission for the Investigation of Abuse of Authority (CIAA) has filed a corruption case at the Special Court in

Over 2,000 taxpayers failing to submit tax details suspended in…

As many as 2,373 of the value-added tax (VAT) payers registered at the Internal Revenue Office in Bharatpur have been

Inland Revenue Department’s revenue collection increases

IRD statistics on revenue collection shows that the revenue collection until June 14 of the current fiscal year is Rs

Addis Tax Initiatives regional workshop underway in Kathmandu

A regional technical workshop of Addis Tax Initiatives (ATI) is underway in Nepal. The event is attended by 60 people,

Five million taxpayers acquire Permanent Account Number

According to the Department, number of taxpayers acquiring business and personal Permanent Account Number (PAN) was 5.525 million till the

Revenue collections target remains unmet, 20% less than of target

Inland revenue collection in the first eight months of the current fiscal year failed to meet the target. According to

Revenue collection suffers setback, 47% less on custom tax

The revenue collection in the country has suffered a setback in the first six month of the current fiscal year.

Revenue collection below target, 13.63% less than the target

Internal revenue collection has failed to meet the target set for the current fiscal year. In the first five months

IRD releases new tax rate to be effective from new…

The government has changed the rate of income taxes from the new fiscal year 2079/080 BS. With the announcement of