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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
The Government of Nepal has formally notified about the substantive change in its domestic taxation legislation to seven of its
As many as 2,373 of the value-added tax (VAT) payers registered at the Internal Revenue Office in Bharatpur have been
IRD statistics on revenue collection shows that the revenue collection until June 14 of the current fiscal year is Rs
A regional technical workshop of Addis Tax Initiatives (ATI) is underway in Nepal. The event is attended by 60 people,
According to the Department, number of taxpayers acquiring business and personal Permanent Account Number (PAN) was 5.525 million till the
Inland revenue collection in the first eight months of the current fiscal year failed to meet the target. According to
The revenue collection in the country has suffered a setback in the first six month of the current fiscal year.
Internal revenue collection has failed to meet the target set for the current fiscal year. In the first five months
The government has changed the rate of income taxes from the new fiscal year 2079/080 BS. With the announcement of
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