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Inland Revenue Department (IRD) Nepal is the department of Nepal Government under Ministry of Finance, located in Lazimpat, Kathmandu.The IRD is currently responsible for the enforcement of Tax Laws and administration of the following taxes: Income Tax, Value Added Tax, Excise Duty and duties like Entertainment fee (Film Development Fee).
The next Nepalese Constituent Assembly elections initially slated for November 22, 2012 [10] were held a year later on November 19, 2013, after being postponed several times. [11] The Constitution of Nepal was successfully drafted by the 2nd Constituent Assembly and ultimately came into effect on 20 September 2015.
National Code (Twelfth Amendment) Act, 2007 Status: Repealed The National Code ( Nepali : मुलुकी ऐन; Muluki Ain, literally: Nation's Code) is a single comprehensive code that includes criminal and civil code along with the code of procedures of Nepal .
Nepali Congress: 25 February 2014: 12 October 2015 2: Bishnu Prasad Paudel: Communist Party of Nepal (Unified Marxist–Leninist) 5 November 2015: 1 August 2016 3: Krishna Bahadur Mahara [5] Communist Party of Nepal (Maoist Centre) 4 August 2016: 31 May 2017 4: Gyanendra Bahadur Karki [6] Nepali Congress: 7 June 2017: 15 February 2018 5: Yuba ...
Under normal income tax act, taxpayers are subject to deduction but while computing for such undisclosed foreign assets and income no such deductions will be applicable. [7] While computing, if the assets/income are movable then value computed will be used to calculate the tax but if it is taxed prior then that value would be subtracted from ...
The Minister of Finance(or simply, the Finance Minister, ( Nepali: अर्थ मन्त्री) is the head of the Ministry of Finance of the Government of Nepal.One of the senior-most officers in the Federal Cabinet, the finance minister is responsible for the fiscal policy of the government.
Constituent Assembly elections were held in Nepal on 10 April 2008, [1] [2] having been postponed from earlier dates of 7 June 2007 [citation needed] and 22 November 2007. [3] The Constituent Assembly was planned to draft a new constitution and therefore decide, amongst other things, on the issue of federalism.
The First Five-Year Plan(1956–61) allocated Rs330 million for development expenditures of which Rs220 million were funded by international donors, partly under the Colombo Plan. [2] Transportation received top priority with almost 30% of the budget allocation but rural development, including agriculture, village development, irrigation and ...