VAT Refund of 10% for Online Payments at Hotels, Restaurants, and Bars Consumers will receive a 10% refund of the value-added tax (VAT) on payments made online at hotels, restaurants, and bars. The Internal Revenue Department decided this on 21st Bhadra. This initiative aims to promote electronic transactions and strengthen the culture of tax compliance […]
Navigating workplace leave policies is crucial for employees and employers alike. In Nepal, various types of leave are mandated to ensure the well-being of workers while balancing business needs. Here’s an in-depth look at the different types of leave available in Nepal, along with their specifics. 1. Annual/Earned Leave Employees in Nepal accrue annual leave […]
In today’s rapidly evolving business landscape, the demand for top-tier talent has never been higher. Companies across various sectors are in a perpetual race to attract, recruit, and retain the best professionals to stay ahead of the curve. Amidst this competitive backdrop, Sanchaya Staffing Services Pvt Ltd has emerged as a beacon of excellence, redefining […]
As Nepal enters the fiscal year 2024/2025 (2081/2082), significant updates to the income tax regulations are set to impact both individuals and businesses. This article provides a comprehensive overview of the newly revised income tax slabs and a detailed breakdown for individuals and couples, reflecting various income levels and corresponding tax rates. Income tax Slab […]
