For the thousands of kirana pasals, small tea shops, and local startups driving Nepal’s local economy, tax compliance shouldn’t be a burden. Enter the D01 Tax Return—the simplest tax regime in the country. Known officially as the tax for “Micro-Enterprises,” the D01 return allows small business owners to pay a flat annual fee and close … Read more
Filing taxes in Nepal can be confusing, especially when rules keep changing. If you run a small or medium business, the D02 Tax Return (Presumptive Tax) makes things easier for you. This isn’t just another government form to fill out. It’s actually a helpful tool that simplifies how you pay your taxes. Instead of dealing … Read more
Are you filing the right tax return? In Nepal’s evolving fiscal landscape for 2081/82, filing the wrong form (D01 or D02) when you qualify for D03 isn’t just a mistake—it’s a compliance risk that triggers penalties. The D03 Income Tax Return is the “Full Audit” return. Unlike the presumptive taxation schemes designed for small shopkeepers, … Read more
For decades, the dream of many Nepali entrepreneurs hit a brick wall at the country’s borders. If you built a successful software company in Kathmandu, started a growing consulting firm in Pokhara, or created a digital marketing agency in Lalitpur, your expansion plans usually stopped at Nepal’s edge. The government’s strict laws made it nearly … Read more
Starting a small business is one of the most exciting things an entrepreneur can do. Whether you dream of opening a small coffee shop in the busy streets of Kathmandu, launching a craft business in Pokhara, or starting an online service from your home in Kathmandu Valley, turning your idea into reality is the first … Read more
Whether you’re starting a new venture, building your dream headquarters, or securing vital legal documentation, the Local Ward Office (Wada Karyalaya) is the undisputed gatekeeper of legitimacy in Nepal. Under the Local Government Operation Act 2017, the ward office has evolved from a simple administrative post to the primary regulator of local commerce. In the … Read more
Real estate, encompassing immovable property and its natural resources, stands as a substantial and valuable investment globally. This article dives into the fundamentals of immovable property, exploring its evolution since the 1980s and the factors influencing its vibrant market. From valuation strategies to the challenges faced by investors, we unravel the essentials of Nepal’s real … Read more
India and Nepal have recently signed a trade deal that is expected to transform the way cross-border trade is conducted between the two countries. Under this agreement, Indian e-wallets will be used for cross-border transactions, eliminating the need for physical currency exchange. The deal is expected to benefit tourists, pilgrims, and traders, and is likely … Read more
The rate of VAT levied at 13% on goods and services remains unchanged from the previous year. VAT on exports of goods shall attract a rate of ‘zero’ per cent. The industries most affected by COVID-19 will be permitted to submit tax returns on a trimester basis to Inland revenue department. Major changes in VAT … Read more
Welcome to the world of Chartered Accountancy! CA is one of the most prestigious and rewarding courses.In recent years, we have seen a great pace in the increase rate of interest of students in Professional accounting courses in Nepal. This is our small effort to bring accounting/ CA students of Nepal in a common platform where … Read more
