Business Regulation Law Firm

Updates to Tax Laws in Nepal, 2023 are the changes and amendments made to the existing tax laws and regulations by the government of Nepal for the fiscal year 2023/24 (2080/81). The updates to tax laws are announced through the Finance Bill, which is presented by the finance minister along with the annual budget. The updates to tax laws are intended to increase revenue collection, promote economic growth, encourage investment, support social welfare, and align with international standards and practices.

Nepal's digital landscape is undergoing a rapid transformation. With internet penetration exceeding 77%, e-commerce has emerged as a significant driver of economic growth. However, this burgeoning online marketplace requires a robust legal framework to ensure its smooth and secure operation. This article delves into the current state of e-commerce law in Nepal, highlighting its limitations and the potential solutions offered by the draft e-commerce bill.