When running a business, whether you’re a small startup or an established enterprise, understanding the different types of invoices and receipts is crucial for proper financial management, tax compliance, and maintaining healthy business relationships. This comprehensive guide explains the key differences between PAN bills, VAT bills, proforma invoices, estimated bills, and cash receipts—essential documents every … Read more
Kathmandu, November 7, 2025 – In a landmark move, the Nepalese government has temporarily suspended the controversial ‘full audit’ process, bringing significant relief to the business community. Finance Minister Rameshwor Khanal announced the decision following widespread complaints about the practice, which had been criticized for fostering financial and mental strain among entrepreneurs. The suspension targets … Read more
A Tax Plate (Kar Pati) is an official signboard that identifies taxpayers based on their VAT registration status. It helps the government, customers, and other stakeholders recognize whether a taxpayer is: The system ensures transparency in business transactions by classifying taxpayers according to the nature of their business and their tax obligations. Types of Tax … Read more
When Jeff Bezos, worth an estimated $244 billion, married Lauren Sánchez in a three-day Venetian extravaganza in June 2025, the world noticed—not just for the glamour but for the backlash. The wedding, costing $46–56 million, featured private water taxis, Michelin-star catering, and guests like Oprah Winfrey and Bill Gates. Yet, it was a mere 0.0193–0.0230% … Read more
Kathmandu, Nepal – In a landmark move poised to reshape Nepal’s technology landscape, the Nepal Rastra Bank (NRB), the nation’s central bank, has introduced new regulations enabling Nepali IT companies to invest up to $1 million abroad. This long-awaited policy shift is a significant stride towards empowering the domestic tech sector, fostering global competitiveness, and … Read more
The Financial Bill, 2082 introduces a range of tax exemptions and facilities across various sectors in Nepal. This bill particularly targets freight service providers, provident fund contributors, social organizations, VAT and excise duty taxpayers, international air transport service providers, and owners of old vehicles. This article provides a detailed overview of the key exemptions 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
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
Three things on Earth are certain; Death, Taxes, and quality services by Bizsewa. In this article, we will focus on the second one; Taxes. Tax is probably a word everyone fears and hates. Taxes are the main sources of income for any government. All the developments, and services to citizens, are possible from the money … Read more
