it is a group work... BBM students of Kailali Multiple Campus Dhangadhi Nepal

3. Content:
• ACKNOWLEDGEMENT
• INTRODUCTION OF TAX
• TYPES OF TAX
• WHY TO PAY TAX
• AIM TO COLLECT TAX AND COLLECTED TAX
• TAX COLLECTED FROM DIFFERENT HEADINGS
• TAX RATE
• PAN
• VAT REGISTRATION
• WHEN TO FINE VAT RETURN AND AMOUNT
• HOW THE OFFICE CATCH THE BLACK MONEY
• CONCLUSION

4. ACKNOWLEDGEMENT
We would like to heartly thanks to our teacher
who provide us
opportunity to do this wounderful project on the
topic
Our thanks goes to tax office and
sahka aadhikrit for providing us
information without which this project would
have not been success.
Our whole class member wants to thanks to
all those who helped us a lot to finish this

5. INTRODUCTION OF TAX
A fee charged (levied) by a government on a
product income or activity. Tax generally is
computed as the product of a tax rate times
taxable income. The tax rate may increase
as taxable income increases. Tax rate may
vary by type or characteristics of the tax
payer.

6. The term direct tax means a tax paid
directly to the government by the
person on whom it is imposed
likewise in the real and personal
property,rental
profit,livestock,crops,wages.
:
The term indirect tax means a tax
collected intermediary such as
retail store from the person who
bears the ultimate economic
burden of the tax such as
consumer. It includes sales
tax,specific tax,vat or good and
services.

7. The main motto of taxation is to finance
government expenditure, public finance,
Public goods and services such as street
lightning and street cleaning. There is a great
saying that,”THE TAX WHICH WE PAY
TODAY WILL BE USE FOR THE
DEVELOPMENT OF OUR NATION AS
WELL AS FOR WE COMMON PEOPLE IN
NEAR FUTURE”.

8. 067/068=350200000
068/069=431600000
069/070=613200000
From the above detail it is
concluded that the
collected tax is more than
that of aim hence it will
lead to development.
067/O68=37670OOO
068/069=506500000
069/070=661500000

9. It is collected according to the income of the
people. Upto year 069/070 33 crore 18 lakh income tax
is collected.
: It is collected 10% on the rent and upto
now 1 crore 62 lakh is collected.
It is collected from bank, finance and 1
crore 51 lakh is collected till now.
It is taken 13% on goods and services. It is collected
27 crore 61 lakh till this year.
It include excise, education and health. Upto
now from excise 1 crore 93 lakh from education 24lakh 43
thousand and from health 8 lakh 28 thousand is collected.

10. It includes natural person and sole proprietorship
firm. Tax is calculated as below:
1% 2,50,000 2,00,000 (0% if business)
15% 20,00,000 20,00,000
25% 35,50,000 35,50,000
35% Above Above
It include company, joint venture, patnership
etc.
Normal- 25% on taxable income
Banks, finance, insurance, dealing in liquor items -30%
Smalll industries-20%

11. LOGO
It stands for Permanent account
number. It is the unique
identification given to each
tax payer. Upto 2070/03/31
24 thousand 75 people have
taken PAN.

12. Before conducting vatable transaction each
person needs to be registered in VAT.
Rs 20,00,000
Rs 10,00,000
Application should be submitted to tax officer
and after fulfilling all requirement documents
tax officer give VAT registration certificate to
tax payer.

13. Normally VAT return period is 1month
but in some cases , 2 month, 3 month
and 4 month also.
VAT should be deposited within 25
days of the completion of VAT return
period otherwise 15% interest and
10% additional charge is levied.

14. VAT ACT, 2052 and rules 2053
has given right to tax officer to
inspect the tax payer
transaction if their behaviour
are found suspicious and issue
necessary order to implement
the provision of act and rules.

15. .