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Nepal Budget for 2019-20

|Proposed Changes|Nepal
Nepal

Nepal's Ministry of Finance has published an English-language version of the Budget Speech for Fiscal Year (FY) 2019/20, which was delivered to parliament on 29 May 2019. Some of the main tax-related measures of the Budget include the following:

  • An increase in the income tax exemption limit from NPR 350,000 to NPR 400,000 for individuals and to NPR 450,000 for couples;
  • The introduction of the…

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