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Inland Revenue Department (IRD) Nepal is the department of Nepal Government under Ministry of Finance, located in Lazimpat, Kathmandu.The IRD is currently responsible for the enforcement of Tax Laws and administration of the following taxes: Income Tax, Value Added Tax, Excise Duty and duties like Entertainment fee (Film Development Fee).
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
Value Added Tax (VAT) is an indirect tax levied on the value creation or addition. The concept of VAT in Nepal was introduced in FY 2049/50 but the act was developed in BS 2050.
Ministry of Finance (Nepali: अर्थ मन्त्रालय) is the central authority of Government of Nepal charged with the responsibilities for maintaining both micro and macro economic stability in the country. The position of finance minister in Nepal has been held by Barsaman Pun since 6 March 2024. [1]
General; Tax avoidance. Repatriation tax avoidance; Tax evasion; Tax resistance; Tax shelter; Debtors' prison; Smuggling; Black market; Unreported employment; Corporate
Nepal Red Cross Society; Nepal Agricultural Research Council (NARC) Nepal Telecom; National Information Technology Center (NITC) Nepal Academy of Tourism and Hotel Management; Nepal Airlines Corporation; Nepal Academy of Science and Technology (NAST) Nepal Health Research Council; Nepal Medical Council; Nepal Standards and Metrology Department
General; Tax avoidance. Repatriation tax avoidance; Tax evasion; Tax resistance; Tax shelter; Debtors' prison; Smuggling; Black market; Unreported employment; Corporate
In Nepal, vehicle tax is collected by Transport Management Offices and Transport Management Service Offices. [22] These offices come under Province governments. Hence vehicle tax is charged in different provinces in different rates. However, the basic criteria are set by federal law, which is same for all provinces.