Income tax limit likely to incur a loss of over Rs 20 billion

KATHMANDU: Twenty billion rupees is likely to be lost in the current income tax owing to the income tax limit proposed by the government in the fiscal budget 2079/80. Ritesh Kumar Shakya, the director general of the Inland Revenue Department, said that the existing provision of the Inland Revenue Department is estimated to slash the […]

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Income tax ceiling wider

Kathmandu, May 30. To the relief to mid-income people, the government has widened the income tax ceiling. Finance Minister Janardan Sharma informed with the new budget that an individual is to pay one percent tax for up to half million income in a year while same tax rate is applicable to the married couple but […] The post Income tax ceiling wider appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

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Budget widens Income tax ceiling

To the relief of mid-income people, the government has widened the income tax ceiling

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