Useful Informations

• For Non Resident, tax is flat 25% of Taxable income.
• You can take loan through your PF or CIT account.
• Your PF or CIT deposit amount is tax free up to Rs. 5,00,000. Greater amount part will be taxed at 5%.
• When you go to withdraw PF or CIT, usually you cannot withdraw last months deposit. Ask about it so you do not forget it.
• Life Insurance allowed is Rs. 25000 per year.
• Maximum Health Insurance allowed is Rs. 20,000 per year.
• Maximum Donation allowed is Rs. 1,00,000 or 5% of Adjusted Taxable Income.
• Female tax payer will get rebate of 10% of total tax payable.
• Full Detail: https://ird.gov.np/