Enter your yearly or monthly taxable income and see how much income tax you pay in Nepal for fiscal year 2083/84, slab by slab, and what is left in hand.
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How to use it
- Choose yearly or monthly.
- Enter your taxable income after provident fund, CIT and insurance deductions.
- Tick the box if you pay into the Social Security Fund.
- Read the total tax, the slab table and the take-home amount.
Examples
Income Rs 12,00,000 a year: 1% on the first 10 lakh (Rs 10,000) plus 10% on the next 2 lakh (Rs 20,000) is Rs 30,000.
Income Rs 20,00,000 a year: Rs 10,000 + Rs 50,000 + 20% of 5 lakh (Rs 1,00,000) is Rs 1,60,000.
Questions and answers
What are the tax slabs for 2083/84?
1% on the first 10 lakh, 10% on the next 5 lakh, 20% on the next 10 lakh, 27% on the next 15 lakh and 29% above 40 lakh.
What changes if I pay into SSF?
The 1% on the first band is waived.
Is this the final tax?
It is an estimate. Your employer and the Inland Revenue Department work out the final figure.