New Rates of Tax for Resident Natural Person For FY 2075/076 || Business Partner Nepal.

Amendment in Income Tax Act, 2058

New Rates of Tax for Resident Natural Person For FY 2075/076

Single Couple
First 350,000 1% First 400,000 1% *
Next 100,000 10% Next 100,000 10%
Next 200,000 20% Next 200,000 20%
Next 13,50,000 30% Next 13,00,000 30%
Balance 36% (30*120%) Balance 36% (30*120%)

*1% tax is not applicable for:
  • Proprietorship firm (business income)
  • Investment Income
  • Pension income; and
  • A natural person who contributes to a contributory pension fund (new Provison)

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