New Income Tax Rate In Nepal 2075/2076 For Individuals And Couples

As of May 29, 2018 (Jestha 15th 2075) Nepal Government has updated Income tax rate as per the budget speech. The Income tax rate in Nepal is updated for both Individual and Couple. Here is the updated Income tax rate for the fiscal year 2075-76.

Income Tax Rates Of Nepal 2075-76

New Income Tax Rates For Individuals 2075-76

Particulars	Taxable Amount	Year 2075-76 (New Tax Rate)
First Tax Slab (Yearly income up to 3,50,000)	3,50,000	1%
Next (Yearly income up to 4,50,000)	1,00,000	10%
Next (Yearly income up to 6,50,000)	2,00,000	20%
Next (Yearly income up to 20,00,000)	13,50,000	30%
Yearly Income 20,00,000 and Above	—-	36%

New Income Tax Rates For Couples 2075-76

Particulars	Taxable Amount	Year 2075-76 (New Tax Rate)
First Tax Slab (Yearly income up to 4,00,000)	4,00,000	1%
Next (Yearly income up to 5,00,000)	1,00,000	10%
Next (Yearly income up to 7,00,000)	2,00,000	20%
Next (Yearly income up to 20,00,000)	13,00,000	30%
Yearly Income 20,00,000 and Above	—–	36%

Income tax income tax 2075-2018

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