Taxation Practice in Nepal

Overview

There is no doubt that taxation is one of the most highly regarded and demanded jobs these days for organizations that helps to maintain their business accounts well in order to examine and analyze their employee and technology performance and control revenue. Tax professionals can help organizations take important business decisions, by providing financial counseling and guidance. Their area of expertise includes accounting administration, calculating tax liabilities, performing legal analysis, and more.

Many organizations view taxation as an expenditure. However, if they stay updated with recent laws introduced by the government and develop tax-driven business strategies, it can generate profit and help in analyzing various finance aspects. The main objective of finance department in every organization is reduction of administrative cost. But, lack of knowledge regarding taxation is the major reason behind their unpaid efforts.

This training is designed with a view to update professionals at finance department about new legal provisions introduced by the Nepal government in the latest budget. Moreover, it gives an opportunity to learn about financial aspects under micro scrutiny and to reduce the chances of wrong decisions. It will further provide smart tips to recognize tax planning opportunities and make appropriate tax saving opportunities for proper business planning.

Learning Objectives

Understand taxation system of Nepal

• Learn income tax filing, e-return procedures, tax returns policies etc.
• Reduce tax burden through careful planning and make proper financial decision
• Recognize tax planning opportunities and make appropriate tax saving opportunities
• Learn the recent changes in tax policies after the recent budget announcement

Methodology

Our training is carried out in a risk free environment, which encourages trainees to practice the skills
that are taught. We use a number of training methods including simulations, video recording with
feedback and group exercises to enhance the learning process.

• PowerPoint Presentation
• Group Activities
• Sample presentations and exercise
• Case studies

Target Group

• Accounts and finance department of all the companies
• Anyone who wants to learn Taxation Practice in Nepal

Program Modules

TAX:

1. Resident/Non- Resident person
2. Source of Income
3. General Deductions
4. Disallowed Expenses
5. Assessable Income
6. Allowable Expenses such as Depreciation/Repair/Donations/Loan/Loss Provision
7. Tax Returns (Advance Tax/Estimated Tax/TDS return) and due dates
8. Computation of Tax on Income from Employment
9. Return Non-Filer and Fines imposable
10. Income Tax Filling/e-return Procedure (practice)
11. Practical Case Discussion

VAT:

1. Value Added Tax Laws of Nepal and its Application
2. VAT accounting (Nepalese Business)
3. VAT Return procedure and E-return (Practice)
4. Practical Cases Discussion

Training Fees

NRs. 5,500 /- + VAT– includes fee, stationery, training materials, 2 times tea/ coffee, 1 time lunch and certification.

Group Discount: 10% for 4 and more participants

Cancellation

The cancellation of participation should be informed by March 28, 2018 – 5 pm. If any participant does not appear without any prior cancellation notice, full charge shall be levied on the client.

Certificate

Certificate of participation will be awarded only for those who fully attend the course.

Course at a glance:

Title: -Taxation Practice in Nepal
Date: March 30, 2018
Time: 10:00 am to 05:00 pm
Venue: DECC Hall, Tripureshwor
Investment: Rs. 5,500/- +VAT

For registration:

9801014406 / 9801014401

glatraining@growthacademy.com.np / development@growthacademy.com.np