Excise Duty Renewal in Nepal
Introduction to Excise Duty in Nepal Excise duty is an indirect tax levied on the manufacture, sale and consumption of certain goods in Nepal. The Excise Act 2058 (2002) and Excise Regulation 2059 (2003) govern the imposition and administration of excise duty in the country. Excise duty applies to a range of products including alcoholic […]
Tax Disputes in Nepal
Introduction to Tax Disputes in Nepal Tax disputes in Nepal arise when there is a disagreement between taxpayers and tax authorities regarding tax assessments, interpretations of tax laws, or tax liabilities. These disputes are a common occurrence in the Nepalese tax system and can involve individuals, businesses, or other entities subject to taxation. The primary […]
Tax for NGOs and Not-for-Profits in Nepal
Introduction to Tax for NGOs and Not-for-Profits in Nepal In Nepal, the tax for NGOs and not-for-profits is governed primarily by the Income Tax Act 2058 (2002) and related regulations. The Act provides specific provisions for the tax treatment of these organizations, recognizing their unique nature and social contributions. Non-governmental organizations (NGOs) and not-for-profit entities […]