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www.ird.gov.np. Inland Revenue Department (IRD) Nepal is the department of Nepal Government under Ministry of Finance, located in Lazimpat, Kathmandu. The IRD is currently responsible for the enforcement of Tax Laws and administration of the following taxes: Income Tax, Value Added Tax, Excise Duty and duties like Entertainment fee (Film ...
Nagarik App (translation: Citizen App) is a mobile application launched by the Government of Nepal to provide government-related services in a single online platform. The app was developed to facilitate an easier, systematic, and simplified delivery of government services to Nepali citizens digitally.
Value Added Tax (VAT) is an indirect tax levied on the value creation or addition. The concept of VAT in Nepal was introduced in FY 2049/50 but the act was developed in BS 2050. VAT was implemented in 1998 and is the major source of government revenue. It is administered by the Inland Revenue Department of Nepal.
v. t. e. The Government of Nepal ( Nepali: नेपाल सरकार) is the federal executive authority of Nepal. Prior to the abolition of the Nepali monarchy in 2006 (Nepal became a republic in 2008), it was officially known as His Majesty's Government . The head of state is the president and the prime minister holds the position of ...
Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas , but also includes parts of the Indo-Gangetic Plain . It borders the Tibet Autonomous Region of China to the north , and India to the south, east, and west , while it is narrowly separated from Bangladesh by ...
Customs, excise and gambling. The Department of Customs of Nepal is an administration of Government of Nepal under the Ministry of Finance which collects customs duty, Value Added Tax, excise and other taxes at the border points and international airport.
Economy of Nepal. India (+) 68.03% (2021est.) China (-) 31.97% (2021est.) All values, unless otherwise stated, are in US dollars. The economy of Nepal is developing category and largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 ...
Formation. 21 February 1951; 73 years ago. ( 21 February 1951) The Minister of Finance (or simply, the Finance Minister, ( Nepali: अर्थ मन्त्री ) is the head of the Ministry of Finance of the Government of Nepal. One of the senior-most officers in the Federal Cabinet, the finance minister is responsible for the fiscal ...
Some authorities the rural municipalities have include collecting various taxes like entertainment tax, business tax and residential tax at the local level. The rural municipalities will have an annual budget of at least Rs 10 million. [5]
The President of the Federal Democratic Republic of Nepal ( नेपालको राष्ट्रपति, Nēpālakō rāṣṭrapati) is the head of state of Nepal and commander in chief of the Nepalese Armed Forces. The office was created in May 2008 after the country was declared as a republic. The first President of Nepal was Ram ...