Top Taxpayers of Nepal

According to Inland Revenue Department (IRD)Ncell, Nepal Telecom and Surya Nepal tops the chart in terms of paying the highest amount of income tax, value added tax (VAT) and excise duty respectively.

In Terms of individuals, Prague Rajbhandari was the highest payer of income tax among males and Jaya Shah among the women.

Finance Minister Bishnu Poudel honoured 36 taxpayers (institutions and individuals) for making highest amount of tax payment to the government on the occasion of ‘Tax Day’ on Tuesday. Among the enterprises operating under proprietorship, Pashupati Trade Link owned by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Pashupati Murarka paid the highest amount of tax.

Among the financial institutions, Nabil Bank, NIDC Development Bank and Narayani Finance were the highest taxpayers in their respective categories.

Apex College paid the highest amount of tax among the educational institutes, while Dr Upendra Devkota topped the list of the medical doctors.

Likewise, CG Food of the Chaudhary Group were among the industries honoured on the occasion for paying more tax.

Deurali Janata Pharmaceutical Company was the highest payer of tax among the pharmaceutical industries, while Norvic Hospital topped the chart among the hospitals. Om Hospital paid the highest amount of health service fee to the government.

The IRD also honoured FNCCI; Confederation of Nepalese Industries; Nepal Chamber of Commerce; Society of Economic Journalists, Nepal; Development Banks Association and Karobar Daily for helping expand the tax net.

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Written by Gex

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