- Budget for fiscal year 2024-25 in Nepal includes tax proposals affecting businesses
- Proposals include mandatory e-invoicing for VAT-registered taxpayers
- Scope of permanent establishment to include nonresidents with substantial digital presence
- Introducing green tax on imports of petroleum and coal products
- Developing model tax treaty for more tax treaties
- Indirect tax proposals to apply immediately, direct tax proposals from 16 July 2024
Source: bdo.global
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Nepal"
- India’s GST 2.0 Sparks Concerns in Nepal Over Smuggling and Trade Deficit
- Nepal Updates VAT Procedures for Nonresident Electronic Service Providers, Effective Immediately
- Gold Traders Urge PM Oli to Reconsider Luxury Tax and VAT on Jewelry
- Federation Urges Removal of Luxury Tax and VAT on Gold and Silver in Nepal
- Nepal Considers Multi-Rate VAT System and Tax Incentives in 2025-26 Budget