As per finance bill income tax rate for individual person has been revised. New rates are effective from 2078 Shrawan 1 to 2079 Ashad 31. <\/p>\n\n\n\n
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Income tax rate for Individuals (Unmarried)<\/p>\n\n\n\n
<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" As per finance bill income tax rate for individual person has been revised. New rates are effective from 2078 Shrawan 1 to 2079 Ashad 31. Income tax rate for Individuals […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":1656},"categories":[9,13],"tags":[14,15,16,17,18],"class_list":["post-567","post","type-post","status-publish","format-standard","hentry","category-ird-notice","category-tax-and-laws","tag-company","tag-corporate","tag-income-tax","tag-individual","tag-tax","rishi-post","no-post-thumbnail"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/posts\/567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/comments?post=567"}],"version-history":[{"count":1,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/posts\/567\/revisions"}],"predecessor-version":[{"id":653,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/posts\/567\/revisions\/653"}],"wp:attachment":[{"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/media?parent=567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/categories?post=567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pha.com.np\/index.php\/wp-json\/wp\/v2\/tags?post=567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Annual Income<\/strong><\/td> Income Tax Rate (FY 2077\/78)<\/strong><\/td><\/tr> Up to Rs 4,00,000<\/td> 1%<\/td><\/tr> Additional Rs 1,00,000<\/td> 10%<\/td><\/tr> Additional Rs 2,00,000<\/td> 20%<\/td><\/tr> Additional Rs 1,300,000<\/td> 30%<\/td><\/tr> Additional Tax Above Rs 2,000,000<\/td> 36%<\/td><\/tr><\/tbody><\/table> Income Tax Rate for Married Couple<\/h2>\n\n\n\n
Annual Income\u00a0<\/strong><\/td> Tax Rate In Nepal (FY 2077\/78)<\/strong><\/td><\/tr> Up to\u00a0 Rs 450,000<\/td> 1%<\/td><\/tr> For Additional Rs 100,000<\/td> 10%<\/td><\/tr> For Additional\u00a0 Rs 200,000<\/td> 20%<\/td><\/tr> For Additional Rs 1,250,000<\/td> 30%<\/td><\/tr> Additional Tax Above Rs 2,000,000<\/td> 36%<\/td><\/tr><\/tbody><\/table> Income Tax Rate for Non-Residents<\/h2>\n\n\n\n
Source of Income<\/strong><\/td> Tax Rate<\/strong><\/td><\/tr> Normal transactions<\/td> 25%<\/td><\/tr> Through shipping, air or telecom services, postage, satellite and optical fiber project<\/td> 5%<\/td><\/tr> Shipping, air or telecom services through the territory of Nepal<\/td> 2%<\/td><\/tr> Repatriation of profit by Foreign Permanent Establishment<\/td> 5%<\/td><\/tr><\/tbody><\/table> Coprorate Income Tax Rates<\/h2>\n\n\n\n
Type of Business<\/strong><\/td> Normal Tax Rate<\/strong><\/td> Rebate<\/strong> <\/td> Applicable Tax Rate<\/strong><\/td><\/tr> Normal Business<\/td> 25%<\/td> \u2013<\/td> 25%<\/td><\/tr> Special Industry under section 11 for the whole year<\/td> 25%<\/td> 20%<\/td> 20%<\/td><\/tr> Constructing and operating ropeway, cable car, railway,
tunnel or sky bridge<\/td>25%<\/td> 40%<\/td> 15%<\/td><\/tr> Constructing and operating roads, bridges, tunnel,
railway, and airports<\/td>25%<\/td> 50%<\/td> 12.50%<\/td><\/tr> Trolley bus or trains<\/td> 25%<\/td> 40%<\/td> 15.00%<\/td><\/tr> Entities with export income from a source in Nepal<\/td> 25%<\/td> 20%<\/td> 20%<\/td><\/tr> Banks and financial institutions (A,B & C Class)<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr> General Insurance (Non-Life Insurance)<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr> Tobacco, alcohol, cigarette and related products<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr> Telecom and Internet Services<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr> Capital market, Securities, Merchant banking, Commodity
future market, Securities & Commodity broker<\/td>30%<\/td> \u2013<\/td> 30%<\/td><\/tr> Money transfer<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr> Petroleum business under Nepal Petroleum Act, 2040<\/td> 30%<\/td> \u2013<\/td> 30%<\/td><\/tr><\/tbody><\/table>