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The Maximum Retail Price (MRP) is the highest price at which a product can be sold, including all taxes and fees, set by the manufacturer. MRP protects consumers by limiting overpricing and ensuring transparency in retail markets. This system promotes fair trade, consistency in pricing, and prevents exploitation, especially in regions with limited competition. In Nepal, MRP is enforced under the Consumer Protection Act, 2018, to safeguard consumers from price exploitation and maintain equity in pricing across different areas. Businesses benefit from consistent pricing, while consumers gain assurance that they are not overcharged.

Complete guide to cheque bounce in Nepal covering the Negotiable Instruments Act 2034 and Banking Offence Act 2064. Covers civil and criminal remedies, penalties up to 5 years, NRB certified procedure, step-by-step filing process, and how to choose the right legal remedy.

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.

Comprehensive guide to contract enforcement in Nepal under the Muluki Civil Code 2074, covering breach remedies, specific performance, statute of limitations, execution formalities, arbitration, mediation, and enforcement of foreign contracts and arbitral awards.

Complete guide to civil registration in Nepal covering all five vital events, ward office process, documents, fees, VERIMS digital system, national ID link, and divorce registration requirements.