Tax Penalty Nepal

This comprehensive guide covers the essentials of income tax in Nepal, governed by the Income Tax Act, 2058 (2002) and Income Tax Rules, 2059 (2002). Whether you're an individual taxpayer, a business owner, or someone with foreign income, this article provides detailed insights into how income tax is calculated, the filing process, and deductions available for businesses and individuals. Learn about tax exemptions, general deductions, and tax reliefs that can help reduce your taxable income. Stay informed to avoid penalties and maximize your savings.