The Income Tax Act, 2002 (2058) Nepal is a set of laws that govern how individuals and businesses are taxed on their income. It outlines the rules and regulations regarding the calculation, filing, and payment of income taxes.
In simple terms, it’s the legal framework that determines how much money you need to pay to the government based on your earnings.
The Act covers various aspects, including the types of income that are taxable, allowable deductions and exemptions, and the rates at which taxes are levied. It also specifies the procedures for filing tax returns and the consequences for non-compliance.
The Income Tax Act, 2002 (2058) Nepal: Download
