KATHMANDU, Aug 16: The government has introduced a number of waivers, exemptions and reliefs on income tax, fines and interests accrued on tax liabilities for those taxpayers who have either not come under tax net or late on filing tax returns.
KATHMANDU, Feb 11: The Inland Revenue Department on Tuesday introduced a new system, according to which, the consumers who make purchases through electronic means would be able to get a 10 percent rebate on the 13 percent VAT they have paid to the government.
KATHMANDU, July 21: Almost 100,000 PAN cards have been issued by Inland Revenue Department (IRD) after the government made Permanent Account Number (PAN) card mandatory for all salaried workers from the current Fiscal Year 2019/20.
KATHMANDU, July 1: Suman Kumar Gupta, 23, recently applied for Permanent Account Number (PAN) at a taxpayer service office of Inland Revenue Department in Kathmandu. “I had to apply for PAN as my employer asked me to get PAN before joining them,” Gupta, who has recently been hired by a commercial bank, told Republica.