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In Nepal’s evolving job market, understanding your paycheck is crucial for financial planning and ensuring fair compensation. Many employees find themselves puzzled by the gap between their agreed-upon salary and the amount that actually reaches their bank accounts. This comprehensive guide aims to demystify salary deductions in Nepal, exploring the legal framework, common practices, and … Read more
More and more people in Nepal are becoming freelancers. They work for companies in other countries, doing jobs like writing, making websites, or giving advice. This way of working is good for both the freelancers and the foreign companies. Budget 2082/83 Update: The 5% income tax for freelancers who provide services to foreigners is Final … Read more
Nepal, a country rich in cultural diversity, celebrates numerous festivals throughout the year. Among these, Dashain and Tihar stand out as major celebrations that bring families together and light up the nation with joy and festivities. As the festive season approaches, employees across Nepal eagerly anticipate not just the celebrations but also a significant financial … Read more
In a move that signals a major shift in Nepal’s corporate landscape, the Office of the Registrar of Companies (OCR) has announced the implementation of a mandatory digital signature system for corporate services. This initiative, spearheaded by the Government of Nepal’s Ministry of Industry, Commerce and Supply, aims to modernize business processes and enhance transparency. … Read more
The Government of Nepal has announced a significant update regarding the registration and renewal of companies. As per the provisions published in the Nepal Gazette on 2081.03.10, it is now mandatory to submit a National Identity Card (राष्ट्रिय परिचयपत्र) or Identity Card number for these processes. Key Details: This update applies to all concerned stakeholders, … Read more
Kathmandu, July 22, 2024 — The Government of Nepal has announced significant updates to the Value Added Tax (VAT) regulations with the publication of the Forty sixth Amendment to the VAT Rules, 2081, in the Nepal Gazette. The amendment introduces revisions to Schedule5, Schedule5A, and Schedule6, which pertain to the formats for tax invoices and … Read more
The Ministry of Communication and Information Technology has recently unveiled a draft of the Bill on Information Technology and Cybersecurity, shedding light on regulations concerning outsourcing within industrial business operations. According to the proposed provision, both individuals and companies engaging in outsourcing activities are required to register their businesses in accordance with existing laws. Outlined … Read more
Starting the adventure of working for yourself can sometimes be tricky, especially when it comes to selling what you offer. Many people find it a bit challenging. That’s why this guide is here! It’s made for those who are just beginning their journey in self-employment. Inside, you’ll find helpful advice on how to handle the … Read more
When you start a new business, you face challenges. Having few customers and limited money can make small businesses wait to make a logo and good marketing stuff. Some people try to make their own marketing things when they start a business, like their first business card. Others ask a friend or family member to … Read more
In the bustling world of Nepal’s businesses, getting noticed is crucial. To empower entrepreneurs and small business owners in Nepal, we unveil seven straightforward yet powerful strategies that can elevate your business to new heights. From the simplicity of business cards to the warmth of personalized visuals, these techniques are tailored for local success. Let’s … Read more
