How much do you earn in a year? Have you paid income tax? Income tax can be paid yearly. Government of Nepal has made some change of tax rates for the individuals as well as couples from the fiscal year 2075/2076. The following tax rate is given according to the yearly basis.
Income tax rate for the unmarried people.
SN |
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% |