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Saturday, 21 July 2018

Income Tax Rate For the Fiscal Year 2075/2076 in Nepal


Government of Nepal has made some change of tax rates for the individuals as well as couples from
the fiscal year 2075/2076.

Income tax rate for the unmarried/single individual


Particulars
Taxable Amount
Rate of Tax
1.
First Slab Income up to Rs. 3,50,000
Rs.3,50,000
1%
2.
Next Rs.1,00,000 (Income up to Rs.4,50,000)
Rs.1,00,000
10%
3.
Next Rs.2,00,000 (Income up to Rs.6,50,000)
Rs.2,00,000
20%
4.
Next 13,50,000 (Income up to Rs.20,00,000)
Rs.13,50,000
30%
5.
Income more than Rs.20,00,000
Rs…………….
36%


Income tax rate for the married/Couple

SN
Particulars
Taxable Amount
Rate of Tax
1.
First Slab Income up to Rs.4,00,000
Rs.4,00,000
1%
2.
Next Rs.1,00,000 (Income up to Rs.5,00,000)
Rs.1,00,000
10%
3.
Next Rs.2,00,000 (Income up to Rs.7,00,000)
Rs.2,00,000
20%
4.
Next 13,00,000 (Income up to Rs.20,00,000)
Rs.13,00,000
30%
5.
Income more than Rs.20,00,000
Rs…………….
36%


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