The Coronavirus Pandemic has caused disruption in the businesses globally. To curb spread of the virus, Nepal has also resorted to lockdown. Considering this situation, Inland Revenue Department (IRD) and Nepal Rastra Bank (NRB) published notice announcing various relief measures to taxpayers, borrowers and Bank and Financial Institutions. We have Read more…
This is comparative presentation of changes made to Value Added Tax (VAT) Act, 2052 by the Finance Act 2076, compiled by Shankar Associates, Chartered Accountants (A member of MGI Worldwide). For notifying of Errors or any suggestion, email at: info@saca.com.np | shankarassociates.ca@gmail.com or Message at https://www.facebook.com/shankarassociates.ca/
Social Security Fund(SSF) Issues notice for deposit Social Security Fund (SSF) has issued notice to organizations listed with SSF to start depositing the contribution amount starting 2076 Shrawan as below: सामाजिक सुरक्षा कोषमा रकम जम्मा गर्नको लागि सूचना सामाजिक सुरक्षा कोषले सामाजिक सुरक्षा कोषमा सुचिकृत भई नियमानुसार योगदान रकम बुझाउनुपर्ने Read more…
We are happy to share the changes made by Finance Bill 2076 to INCOME TAX ACT 2058. The changes are presented in comparative form with both old provision and new changed provision for ease of understanding. Please email us or message us if you have any suggestion.
NFRS for SMEs is applicable to the financial statements starting Shrawan 1, 2076 i.e. FY 2076/77 (2019/20). Do you know whether it applies to you or not? Here is how you determine the financial reporting framework applicable to you:
An article by Shankar Thapa on Financial Statements of Non Governmental Organization (NGO)
An article by Shankar Thapa in Swasthya Khabar Patrika on Bhadra 2075.
The Foreign Investment and Technology Transfer Act, 2049 (1992) was replaced recently by the new act of 2075 (2019). There are a lot of small and big changes made by the new act. This video highlights major changes made by the new act based on the comparison of the texts. Read more…