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Foreign companies engaged in e-business begin paying taxes in Nepal
August 7, 2023 15:30 pm
KATHMANDU, Aug 7: The implementation of the Digital Service Tax (DST) in Nepal has yielded positive results, with six foreign companies engaged in electronic business stepping up to pay taxes. The Large Taxpayers Office reported that approximately Rs 100 million in revenue has been collected from these companies since the implementation of the DST during the last fiscal year, 2022/23.
SC invalidates Ncell capital gains tax assessment
August 27, 2019 07:05 am
KATHMANDU, Aug 27: The Supreme Court on Monday invalidated the assessment of the Capital Gains Tax (CGT) to be paid by telecommunication company Ncell Pvt Ltd. The Large Taxpayers Office (LTO) had determined on April 16 that the company had to pay Rs 39 billion as CGT including accrued interest and fines.
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