• Tue Jul 21 2026
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IRD clarifies approved retirement funds exempt from income tax

Kathmandu, July 14: The Inland Revenue Department (IRD) has clarified that Approved Retirement Funds (ARFs) are exempt from paying income tax on income earned from investments and bank debentures. The clarification came after CDS and Clearing Limited sought the department's interpretation regarding whether income earned by approved retirement funds from

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

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

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