Shankar Associates, Chartered Accountants

21/10/2026

Happy Vijaya Dashami!
May this Vijaya Dashami bring happiness,
prosperity, new opportunities, and continued success to all.

15/10/2026

We sincerely congratulate Sakshi Karki and Shreya Paudel on the successful completion of their three-year articleship. We truly appreciate their dedication, hard work, and valuable contributions throughout their journey with us. It has been a pleasure having them as part of our team.

We wish them continued success, happiness, and growth in their professional careers. May this achievement mark the beginning of many more milestones and accomplishments ahead.

Best wishes for a bright and successful future!

13/10/2026

We sincerely congratulate Hasina Shrestha on the successful completion of her three-year articleship!

We truly appreciate her dedication, hard work, and valuable contributions throughout her journey with us. It has been a pleasure having her as part of our team.

We wish her continued success, happiness, and growth in her professional career. May this achievement mark the beginning of many more milestones and accomplishments ahead.

Best wishes for a bright and successful future!

11/10/2026

Happy Ghatasthapana! 🌱🪁

Wishing you and your family peace, prosperity, and happiness as Dashain begins🪁🪁

- Shankar Associates, Chartered Accountants

🔗 𝗩𝗶𝘀𝗶𝘁 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸𝘀 𝗯𝗲𝗹𝗼𝘄:

𝗦𝗔𝗖𝗔 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://www.saca.com.np/

𝗦𝗔𝗖𝗔 𝗙𝗮𝗰𝗲𝗯𝗼𝗼𝗸: https://www.facebook.com/share/19pK94Dv18/

𝗦𝗔𝗖𝗔 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻: https://www.linkedin.com/company/shankar-associates-chartered-accountants/

𝗦𝗔𝗖𝗔 𝗬𝗼𝘂𝗧𝘂𝗯𝗲: https://youtube.com/?si=8GQMcZY0cITEgM7i

09/10/2026

Nepal Share Market: Revised Capital Gain Tax Rates

The Capital Gain Tax (CGT) rates applicable to Resident Natural Person on sale of listed shares have been reduced by 50%.

1. 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗣𝗲𝗿𝗶𝗼𝗱: 𝗠𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝟯𝟲𝟱 𝗗𝗮𝘆𝘀
Previous CGT: 7.5% → Revised CGT: 3.75%
2. 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗣𝗲𝗿𝗶𝗼𝗱: 𝟯𝟲𝟱 𝗗𝗮𝘆𝘀 𝗼𝗿 𝗟𝗲𝘀𝘀
Previous CGT: 10% → Revised CGT: 5%

𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝗯𝗶𝗹𝗶𝘁𝘆:
The revised rates apply to Resident Natural Person on capital gains arising from sale of listed shares/securities, subject to applicable tax provisions.

Watch the video to understand the revised Capital Gain Tax rates and their applicability.

💬 Drop a comment below if you have any questions or need further clarification.

For professional tax advisory and compliance support, feel free to connect with Shankar Associates, Chartered Accountants.

🔗 𝗩𝗶𝘀𝗶𝘁 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸𝘀 𝗯𝗲𝗹𝗼𝘄:
CGT Link: http://rajpatra.dop.gov.np/welcome/book?ref=26622
𝗦𝗔𝗖𝗔 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://www.saca.com.np/
𝗦𝗔𝗖𝗔 𝗙𝗮𝗰𝗲𝗯𝗼𝗼𝗸: https://www.facebook.com/share/19pK94Dv18/
𝗦𝗔𝗖𝗔 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻: https://www.linkedin.com/company/shankar-associates-chartered-accountants/
𝗦𝗔𝗖𝗔 𝗬𝗼𝘂𝗧𝘂𝗯𝗲: https://youtube.com/?si=8GQMcZY0cITEgM7i

02/10/2026

Are you a Resident Natural Person of Nepal earning foreign currency by providing services to clients or online platforms registered outside Nepal?
If you provide services to foreign clients such as Software or Electronic Services or Consulting Services or earn through Social Media Audio Visual Contents, it is important to understand the applicable tax provisions in Nepal.

Tax Rate:
Under Section 95 Ka (6 Kha), (6 Ga) and (6 Gha) of the Income Tax Act, such income is subject to a 5% tax rate, which is treated as final withholding tax under the stated provisions.

Such tax is to be deducted by the concerned Bank or Financial Institution or Money Transfer at the time of receipt of payment by the Resident Natural Person and deposited to tax authorities in accordance with the law.

💬 Have questions about foreign income taxation in Nepal? Drop your questions in the comments!

25/09/2026

How Much Annual Income Tax Does a Proprietorship Firm Need to Pay?

If you are operating a Proprietorship Firm, do you know how much Annual Income Tax do you need to pay?

For businesses with;

• Annual turnover up to NPR 30 lakh &

• Taxable income up to NPR 3 lakh

The applicable annual Income Tax (Fixed Presumptive Tax) as per Location of Business shall be;

• Metropolitan/Sub-Metropolitan City: NPR 7,500

• Municipality: NPR 4,000

• Rural Municipality: NPR 2,500

If you operate Proprietorship business;

• Timely file your D-01 Income Tax Return,

• Pay the applicable Fixed Presumptive Tax

To stay compliant and avoid unnecessary penalties.

📢 Save this post and share it with other small business owners who may find it useful!

21/09/2026

Hurry Up! Only One Month Remaining

Companies with pending statutory filings, updates, taxes, fees, or penalties should take note of the waiver provision under Section 48 of the Economic Bill, 2083.

Eligible companies can submit their required FY 2082/83 details by the end of Ashoj 2083 to avail themselves of the applicable waiver of taxes, fees, charges, and penalties, as provided under the law.

Don’t miss the deadline. Complete your company compliance within the prescribed period.

11/09/2026

Behind every step we take, every challenge we overcome, and every dream we dare to pursue, there is often a father who quietly stood by us—guiding us, believing in us, and teaching us to keep moving forward.

A father’s love may not always be expressed in words, but it is found in every sacrifice, every lesson, every late night, and every silent effort made for a better tomorrow.

Today, we celebrate the fathers who shaped our lives, strengthened our dreams, and became the foundation of who we are.

To every father, grandfather, and father figure who inspires us to become better every day—Happy Father’s Day! 💙

May we always have the courage to make them proud.

Happy Father’s Day from Shankar Associates, Chartered Accountants.

13/06/2026

The Finance Bill 2083 has brought in the “Safe Harbour Rule” provision within the context of Nepali Income Tax law. This rule allows taxpayers to bypass complex transfer pricing documentation and benchmarking studies by adhering to predefined margins or rates, provided they meet specific criteria.
Details in the link.

The Finance Bill 2083 introduces Nepal's Safe Harbour Rule — allowing eligible taxpayers to skip transfer pricing studies and use predefined margins instead.