Income Tax Exemption Limit Increased

ratopati

Ratopati May 29, 2026

Income Tax Exemption Limit Increased

Kathmandu. The limit for income tax exemption has been increased. Finance Minister Dr. Swarnim Wagle announced this on Friday through the budget statement for the fiscal year 2083/84 in the joint meeting of the Federal Parliament. Accordingly, the limit of income on which a minimum of one percent tax is levied has been increased from 5 lakh to 10 lakh.

This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.

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