Go to Wolters Kluwer VitalLaw.comGo to Wolters Kluwer VitalLaw.com
VitalLaw®
  • Find answers to your questions
  • Log in to access your subscriptions
In depth. On point.
In depth. On point.
  • Home
  • Legal Directory
  • Home
  • Legal Directory
In depth. On point.
  • Articles
    • Articles
    • Australia Updating Voluntary Tax Transparency Code
    • Belgium Again Amends VAT Relief Rules For Rebuilt Houses
    • Bolivia Joins OECD Global Forum On Tax Transparency
    • Canada Extends Tax Support For Ukraine
    • IoM Ending Alcohol Duty Stamps Scheme
    • Landmark Post-Brexit Gibraltar Pact Agreed
    • Malaysia To Implement Sales And Service Tax Overhaul
    • Mauritius Planning Various VAT Regime Changes
    • Nepal Eyeing Multi-Rate VAT System
  • Articles
    • Articles

    Global Daily Tax News, Nepal Eyeing Multi-Rate VAT System, (Jun 12, 2025)

    The Nepalese Government has announced it is considering the potential introduction of a multi-rate value-added tax system.

    The announcement was made in the nation's recently released 2025-26 Budget. Currently, Nepal levies a single VAT rate of 13 perc ...

    The Nepalese Government has announced it is considering the potential introduction of a multi-rate value-added tax system.

    The announcement was made in the nation's recently released 2025-26 Budget. Currently, Nepal levies a single VAT rate of 13 percent on all supplies otherwise not exempt or liable to a zero rate.

    The Government has also confirmed that electronic payments will no longer attract VAT.

    Other key announcements in the Budget include that tax breaks for specific sectors will be extended to hotels and resorts and to IT companies, and a new five-year income tax holiday will be introduced for start-ups with turnover not exceeding NPR100m (USD731,000).

    © 2026 CCH Incorporated and its affiliates and licensors. All rights reserved.

    • Manage Cookie Preferences
    • Privacy Statement
    • Terms of Use