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Income Tax Rate For Employee 2076/77 Fiscal year (2019/20) Nepal (Employement Tax)
[English] Donwload Amendment to Excise Duty Act and Customs Act by Finance Bill 2075
CREDIT GOES TO RRP ASSOCIATES
Amendment in Taxation (Income Tax & VAT) by Finance Act 2076/77 (2019/20) English
Income Tax Rate for 2075/76 Employment Tax for Couple and Single
Major Budget Highlights 2075-76 Fiscal Year 2018-19
1. Ending the Extreme Poverty and Marginalization through fulfillment of Minimum Basic Needs for living
2. Development and Optimum Utilization of Resources, Opportunities and Capacities for Rapid Economic and Human Development.
- Rs. 500,000 to Martys Family
- Rs. 300,000 Interest Free loan to Earthquake Victim
Ministry of Finance has recently on May 29 2017 published the Budget for the Fiscal Year 2074-74. Here are some Major Budget Highlights 2017/18 (2074/75) Nepal.
Budget Allocated: NRs. 12,78,99,48,55,000/-
Current expenditure: NRs. 8,03,53,14,54,000/- (62.8%) Capital Expenditure: NRs. 3,35,17,59,70,000/- (26.2%)
Budget for Financial Management: NRs. 1,40,28,74,31,000/- (11.0%) Economic Growth Rate Expected: 6.9%
Inflation Rate Expected: Below 6%
This articles contains the english version of ammendment to the Income Tax Act 2058 made by the finance bill 2074 - 2075.
Some change like exemption limit change and changes in penalty, rate of taxation change is made by the finance bill 2074
Tax season is coming to an end, and even those who put off doing their returns until the last minute are feeling the pressure to get things done. With that in mind, there are several things you need to keep in mind in order to make sure you not only get your tax returns filed, but also do a good enough job to avoid getting in trouble with the IRS.