Though the government claims to have reformed tax administration and expanded tax net, only 10 per cent Nepalis pay tax.
According to the Inland Revenue Department (IRD) director general Binod Kunwar, only 2.96 million Nepalis are under the tax net, including income tax and value added tax (VAT). The population of Nepal has around 3 million population, according to the Central Bureau of Statics (CBS).
“In the last fiscal year, some 2 million Nepalis were under the tax net,” he said, adding that some 800,000 tax payers have been added in the current fiscal year. “The ‘Pan for All’ programme has encouraged more Nepalis to come under tax net,” he claimed, adding that the government has also made PAN mandatory for all working Nepalis to get their salary paid. “Likewise, there are some 2339,000 taxpayers under the value added tax (VAT) net.”
According to the Inland Revenue Department (IRD) director general Binod Kunwar, only 2.96 million Nepalis are under the tax net, including income tax and value added tax (VAT). The population of Nepal has around 3 million population, according to the Central Bureau of Statics (CBS).
“In the last fiscal year, some 2 million Nepalis were under the tax net,” he said, adding that some 800,000 tax payers have been added in the current fiscal year. “The ‘Pan for All’ programme has encouraged more Nepalis to come under tax net,” he claimed, adding that the government has also made PAN mandatory for all working Nepalis to get their salary paid. “Likewise, there are some 2339,000 taxpayers under the value added tax (VAT) net.”
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