Current Tax Rates of Nepal
Corporate and Personal Tax Rates in Nepal for FY 2074-2075 (FY 2017-2018)
In This Video, We discuss about General Tax Rates of Nepal for Corporate and Personal.
Personal Tax rates depends up on tax planning as per Couple or single. High tax rate for high earner and low earning will be paid low tax for person. How tax apply for 1% social service tax plus 15%, 25%, 35% or 25%+ 40% of 25% for individual or couple.
General Corporate Tax are applicable for Banks and Financial Institutions, General Insurance Business, Cigarettes Bidi Cigar Chewing Tobacco Khaini Liquor Beer Company, Petroleum Companies, Special Industries, Export Industries, Power Generation Transmission distribution and infrastructure project etc, Other entities not covered above like Private Limited et. Nepal Government impose 30%, 20% and 25% to Corporate Tax to these companies. Through this video you will learn what tax rates are imposed to these company and industries.
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