IRD prepares procedure for 5pc tax on foreign tours ​​​​​​​The Inland Revenue Department (IRD) has issued a working procedure in regard with the payment of an additional charge on foreign tour packages. This measure aims to implement the provision requiring Nepali citizens going on foreign trips to pay a five per cent tax on their tour package expenses. Business 19 Jul, 2023
SC tells LTO not to collect tax from Ncell The Supreme Court has issued an interim order not to collect tax from private telecommunication service provider, Ncell. Business 08 Feb, 2021
LTO reassesses Ncell�s CGT liability at Rs 60 billion Kathmandu, January 3 At a time when it was believed that the issue of capital gains tax on the transfer of ownership of Ncell from TeliaSonera to Axiata had already been settled, the Large Taxpayers’ Office recently reassessed the tax amount based... 04 Jan, 2021
Businesses start paying taxes though not obliged to KATHMANDU, JUNE 24 Though the Supreme Court (SC) had asked the government not to compel businesses to pay their tax dues before one month after the lockdown is completely lifted, taxpayers who are in position to pay their dues have started clearing... 25 Jun, 2020
Ncell pays Rs 14.33 billion to govt, fulfils capital gains tax liabilities Kathmandu, April 12 Private telecom company Ncell today deposited Rs 14.33 billion as tax in the government’s coffer fulfilling its capital gains tax (CGT) responsibility on the company’s buyout deal that took place in April 2016. Jhalak Ram... 13 Apr, 2020
Ncell deposits Rs 14.33 billion in govt coffer, meets CGT responsibilities KATHMANDU: Private telecom company Ncell has fulfilled its capital gains tax (CGT) responsibility on the company’s buyout deal that took place in April 2016 by paying Rs 14.33 billion to the government today. Ncell today deposited the given amount... 12 Apr, 2020
Ncell pays Rs 4.6bn KATHMANDU: Private telecom company, Ncell, has paid an additional Rs 4.6 billion in capital gains tax (CGT) to the government. As per officials at the Large Taxpayers’ Office (LTO), Ncell paid the aforementioned amount on Tuesday. With this, Ncell... 01 Apr, 2020
Ncell allowed to use additional frequency in 1800 MHz Kathmandu, February 10 Nepal Telecommunications Authority (NTA) has allowed private telecom firm Ncell to use the nine megahertz frequency that it had won in the 1800 megahertz bandwidth at the first ever spectrum auction held in... 11 Feb, 2020
Ncell plans to clear tax dues by June-end Kathmandu, February 2 Private telecom company, Ncell, has said that it will pay its outstanding capital gains tax (CGT) liabilities by June. Ncell, which has already paid Rs 4.5 billion out of Rs 22.4 billion remaining CGT liability determined by... 03 Feb, 2020
Ncell pays additional Rs 4.5 billion CGT Kathmandu, December 31 Private telecom company Ncell has started paying its outstanding capital gains tax (CGT) levied by the government on the company’s buyout deal. Of Rs 22.6 billion pending CGT that the Large Taxpayers’ Office (LTO) has... 01 Jan, 2020
Ncell pays Rs 4.5 billion of its total CGT dues KATHMANDU: Private telecom company Ncell has paid Rs 4.5 billion out of the total amount due as capital gains tax (CGT) in its buyout deal. The Large Taxpayers Office (LTO), on December 22, had given an ultimatum to the private telecom to clear its... Horoscopes 31 Dec, 2019
After LTO, NTA tells Ncell to �clear all dues� Kathmandu, December 23 Private telecom company Ncell risks losing additional frequency blocks it won in spectrum auction held last week if it is unable to clear the applicable outstanding capital gains tax, as well as the bid amount for the... 24 Dec, 2019
