Inland Revenue Department Implements New Legal and Technical Measures for Transparent Tax System

Kathmandu. The Inland Revenue Department has implemented new legal and technical arrangements to make the tax system more transparent, technology-friendly, and taxpayer-friendly.According to the Director General of the Department, Dr. Bhishma Kumar Bhusal, this step has been taken to remove the administrative hassles faced by taxpayers and to prevent possible manipulation in revenue collection.According to Director General Bhusal, taxpayers will now be able to amend their Value Added Tax (VAT) details themselves within seven days if there is an error. Previously, even for minor numerical errors (e.g., an extra zero) while filling out the details, taxpayers had to visit the...