- Exemptions for Educational, Diplomatic & Development Entities: Universities, diplomatic missions, development partners, and non-resident investors in Nepal are exempt from filing income tax returns and paying tax on certain sources till FY 2082/83.
- Community Schools & Health Institutions: Special provisions for filing returns and waiver of tax, interest, and fees.
- Non-Profit Organizations: Significant relief for institutions registered under the Institution Registration Act, 2034, including waiver of tax on donations, grants, and gifts.
- Voluntary Compliance & Amnesty Schemes: Individuals and entities with pending tax returns, unregistered PAN holders, and those with tax dues can regularize their position with full or partial waiver of interest, penalties, and additional fees. Similar relief for VAT, Excise Duty, and other taxes if returns and dues are cleared within the deadline.
- Pending Assessments & Litigation Cases: Taxpayers with ongoing disputes or departmental assessments can settle by paying principal tax + 1% additional amount and get waiver of interest, penalties, and fees (with some exceptions for telecom sector).
- Company Law Compliance: Companies can clear pending filings, renewals, and dues by the deadline to avail waiver of all prior penalties and fees.
- Other Key Reliefs: Cheese manufacturers (from milk), Bonded warehouse and passbook facilities, Diplomatic and duty-free vehicle transfers, Casino operators and various other sectors.
For the complete detailed list with specific sections, deadlines, and conditions, download the full document Click Here.
Note: This is a summary for quick reference. For professional advice tailored to your specific situation, please consult your tax advisor or contact our office.
